A clause in a contract that cannot be contested or challenged after the passage of a period of time. … [Read more...]
INCONTINENCE
Want of chastity; indulgence in unlawful carnal connection. Lucas v. Nichols, 52 N. C. 35; State v. Hewlin, 128 N. C. 571, 37 S. E. 952. … [Read more...]
INCOME STATEMENT
See profit and loss statement; part of financial statements. … [Read more...]
INCONTROVERTIBLE EVIDENCE
Evidence which cannot be disputed or impeached, that which there is no controversy as to the truth of what it portrays, no doubt remains as to the answer to a question, e.g. video tape evidence that clearly shows an entire sequence of events and who started a fight. … [Read more...]
INCOME TAX
The tax levied by the federal, state or local government on a person or company's net income after allowable deductions are made. … [Read more...]