Citation Eisner v. Macomber‚3 AFTR 3020‚ 252 US 189‚1 USTC ¶32 (US‚ 1920) Issue (1) Under the 16th Amendment‚ does Congress have the power to tax stock dividends received by the Macomber? (2) Are stock dividends considered income? Facts Mrs. Macomber owned 2‚200 shares of Standard Oil Company. In January 1916‚ Standard Oil Company declared a 50% stock dividend. Mrs. Macomber received an additional 1‚100 shares of stock with a $19‚877 par value. The shares represented a surplus for Standard
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country within that other country’s borders. It is based on the principle that a country has absolute authority over what transpires within its own territory” (Cheeseman‚ 2013). In the case of Glen v. Club Mediteranee‚ S.A. this means that because the incident of Cuba’s expropriating the Glen’s beachfront property to Club Mediteranee‚ S. A. to build their facility and then not paying the Glen’s for the property cannot
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Jessica Feeney Paralegal 246 Monday / Wednesday 7 – 10:10pm People v. Green 163 Cal.App.3d 239‚ 205 CalRptr.255 (Cal App 2 Dist. 1984) Facts: The defendant Vencil Green was charged and convicted of 12 felony offenses. The defendant used a gun to commit robbery and kidnaping for the purpose of robbery. At trial court the defendant presented expert testimony that the defendant’s history of heavy usage of PCP and other illicit drugs that has affected his brain and his ability to have committed
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Tire City Incorporated Tire City‚ Inc. is a rapidly growing retail distributor of automotive tires. Although they have 10 shops located throughout the Northeast region‚ the bulk of TCI’s inventory is managed at a central warehouse. During the last three years‚ sales have been growing at a compound annual rate in excess of 20%. With such a great reflection of their excellent service and customer satisfaction in their net income‚ TCI’s central warehouse is “bulging at the seams”. TCI has decided
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Mapp v. Ohio‚ 367 U.S. 1081‚ 81 S. Ct. 1684‚ 6 L. Ed. 2d 1081 (1961) Facts: On May 23rd‚ 1957‚ three Cleveland police officers arrived at the home of Mrs. Mapp with information that ‘a person was hiding out in the home‚ who was wanted for questioning in connection with a recent bombing‚ and that there was a large amount of policy paraphernalia being hidden in the home’. Mrs. Mapp and her daughter lived on the top floor of the two-family dwelling. Upon their arrival at that house‚ the officers
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Cook’s Pest Control‚ Inc. v. Robert and Margo Rebar1010897Supreme Court of AlabamaDecember 13‚ 2002FactsOn August 28‚ 2000‚ Cook’s Pest Control and Mr. & Mrs. Rebar entered into a renewable "Termite Control Agreement" for 1 year. Under that agreement‚ Cook’s Pest Control was obligated to inspect for and treat termites for the Rebars. On August 16‚ 2001‚ Mrs. Rebar paid for the renewal of the contract and submitted an "Addendum to Customer Agreement". The agreement changed the terms of the contract
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Prohibits agreements and collective action that unreasonably restrain trade. [section1] * Prohibits monopolization and attempted monopolization [section 2] * Purpose is to preserve a competitive marketplace and protect consumer welfare. NCAA v. Board of Regents of University of Oklahoma * S.C. established an analytical framework for applying antitrust law to the sports industry. * The “competition itself” is the product that sports offers to customers. * Restraints on competition
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Case Brief Funk vs. United States Supreme Court of the United States 290 U.S. 371‚ 54 S. Ct. 212 (1933) Facts: Funk was tried twice and convicted both times in Federal District Court for conspiracy to violate the prohibition law. In the first appeal to the Federal Circuit Court of Appeals the decision of the Federal District Court was reversed due to issues not applicable here. 46 F.2d 417. In both trials the defendant called upon his wife to testify on his behalf and she was excluded
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Ritchie 2004 Boxing Day Tsunami 1. Explain the causes of the 2004 boxing day Tsunami (6) A Tsunami forms when energy from an earthquake vertically jolts the seabed by several metres‚ displacing hundreds of cubic kilometres of water. Large waves begin moving through the ocean‚ away from the earthquakes epicentre. In deep water the Tsunami moves at great speeds. When it reaches shallow water near coastal areas‚ the Tsunami slows but increases in height. Before the Boxing Day Tsunami in 2004
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Case Brief Saenz v Roe (1999) 1. Facts The facts of the Saenz V Roe case is that in 1992 the state of California wanted to change the Aid to Families with Dependent Children Program by setting a limit to new residents. By having this approved by the Secretary of Health and Human Services and having the Federal District Court implement it‚ there would a large number of new residents who would be treated unequally. By the time it became into law on April 1‚ 1997 a class action was filed to challenge
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