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Clayton act
Clayton actA federal law which is an amendment to the Sherman Act dealing with antitrust regulations and unfair trade practices. RELATED TERMS-------------------------------------- Federal Government. This term is commonly used to express a league or compact between two or more states. Trade In its most extensive signification this word includes all sorts of dealings by way of Bale or exchange. In a more limited sense it signifies the dealings in a particular business, as the India trade; by trade is also understood the business of a particular mechanic, hence boys are said to be put apprentices to learn a trade, as the trade of a carpenter, shoemaker, and the like. SIMILAR TERMS-------------------------------------- Clayton's case An English case which established a presumption that monies withdrawn from a money account are presumed to be debits from those monies first deposited; first in, first out. The proper citation is Devaynes v. Noble (1816) and the presumption is not applicable to fiduciaries, who are presumed to withdraw their own money first, and not trust money. PREVIOUS AND NEXT TERMS-------------------------------------- Class action When different persons combine their lawsuits because the facts and the defendant are so similar. This is designed to save Court time and to allow one judge to hear all the cases at the same time and to make one decision binding on all parties. Class action lawsuits would typically occur after a plane or train accident where all the victims would sue the transportation company together in a class action suit. Classification societies Classification societies are institutions (often non-profit) which inspect, study and report on the seaworthiness and the general and particular condition of individual ships. They also often perform port state control inspections. Finally, they may provide surveying services to national maritime administrations by contract with the governments of those countries. Clause Contracts. A particular disposition which makes part of a treaty; of an act of the legislature; of a deed, written agreement, or other written contract or will. Clausum Latin. A close; an inclosure. Clausum fregit Torts, remedies. He broke the close. Clayton act Clayton's case An English case which established a presumption that monies withdrawn from a money account are presumed to be debits from those monies first deposited; first in, first out. The proper citation is Devaynes v. Noble (1816) and the presumption is not applicable to fiduciaries, who are presumed to withdraw their own money first, and not trust money. Clean air acts Federal and state environmental statutes enacted to regulate and control air pollution. Clean hands A maxim of the law to the effect that any person, individual or corporate, that wishes to ask or petition a court for judicial action, must be in a position free of fraud or other unfair conduct. Clear and convincing evidence Standard of proof commonly used in civil lawsuits and in regulatory agency cases. It governs the amount of proof that must be offered in order for the plaintiff to win the case. Clear title Transferring ownership of an asset without any encumbrances, obstructions or burdens that present any reasonable question of law or fact. We thank you for using the Juridical Dictionary to search for Clayton act. If you have a better definition for Clayton act than the one presented here, please let us know by making use of the suggest a term option. This definition of Clayton act may be disputed by other professionals. Our attempt is to provide easy definitions on Clayton act and any other medical topic for the public at large.
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