A violation of the federal antitrust statutes and a crime where several businesses conspire to set prices at an artificially high level so as defeat price competition that would exist in a natural marketplace. … [Read more...]
PRICKING FOR SHERIFFS
In England, when the yearly list of persons nominated for the office of sheriff is submitted to the sovereign, he takes a pin, and to. insure impartiality, as it is said, lets the point of it fall upon one of the three names nominated for each county, etc., and the person upon whose name it chances to fall is sheriff for the ensuing year. This is called "pricking for sheriffs." … [Read more...]
PRICKING NOTE
Where goods Intended to be exported are put direct from the station of the warehouse Into a ship alongside, the exporter fills up a document to authorize the receiving the goods on board. This document is called a "pricking note," from a practice of pricking holes in the paper corresponding with the number of packages counted into the ship. Hamel, Cust. 181. … [Read more...]
PRIEST
A minister of a church. A person in the second order of the ministry, aa distinguished from bishops and deacons. … [Read more...]
PRIEST-PENITENT PRIVILEGE
The legal privilege which makes the confidential communications between a priest and a penitent or confessor inadmissible as evidence in a court of law. … [Read more...]