indirect-purchaser doctrine. Antitrust. The principle that in litigation for price discrimination, the court will ignore sham middle parties in determining whether different prices were paid by different customers for the same goods. • This doctrine gives standing to bring an antitrust action to a party who is not an immediate purchaser of a product. Thus, […]
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A trust in which the payor spouse transfers to the trustee property from which the payee spouse, as beneficiary, will be supported after a divorce or separation.
housebreaking. The crime of breaking into a dwelling or other secured building, with the intent to commit a felony inside; BURGLARY. • Burglary is now used more frequently than housebreaking. In England, for example, housebreaking was replaced in 1968 with statutory burglary, though the term is still used in Scots law. In some jurisdictions, housebreaking
A copyrightable work produced either by an employee within the scope of employment or by an independent contractor under a written agreement; esp., a work specially ordered or commissioned for use as (1) a contribution to a collective work, (2) a translation, (3) a supplementary work, (4) a part of a movie or other audiovisual
predictive theory of law. The view that the law is nothing more than a set of predictions about what the courts will decide in given circumstances. • This theory is embodied in Holmes’s famous pronouncement, “The prophecies of what the courts will do in fact, and nothing more pretentious, are what I mean by the
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Fourteenth Amendment. The constitutional amendment, ratified in 1868, whose primary provisions effectively apply the Bill of Rights to the states by prohibiting states from denying due process and equal protection and from abridging the privileges and immunities of U.S. citizenship. • The amendment also gave Congress the power to enforce these provisions, leading to legislation
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investment discretion. The ability of a person to (1) determine what will be purchased or sold by or for an account, (2) decide what will be purchased or sold by or for the account even though another may have the responsibility, or (3) influence the purchase or sale of securities or property in a way
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oeconomicus (ee-k[schwa]-nom-[schwa]-k[schwa]s). [Law Latin fr. Greek] Hist. An executor of a will.
A usufruct established by operation of law, such as the right of a surviving spouse to property owned by the deceased spouse. La. Civ. Code art. 890. [Cases: Dower and Curtesy 1, 29; Executors and Administrators 176; Wills 11. C.J.S. Dower §§ 2, 5–6, 41, 136–138; Executors and Administrators § 353; Wills §§ 76–87, 381.]