Examlex
The pay-as-you-go feature of the Federal income tax on individuals conforms to Adam Smith's canon (principle) of certainty.
Strict Liability
A legal principle that makes an individual or organization accountable for their actions or products, eliminating the requirement for the plaintiff to demonstrate negligence or fault.
Insider Trading
Illegal buying or selling of a corporation's stock or other securities by individuals with access to nonpublic, material information about the company.
Tipping
Giving money to someone for their service, more than what is due for the service itself.
Stock Purchase
The act of acquiring ownership shares in a company, representing a partial ownership stake.
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