The Use of _________________ Was Introduced in American Law with the Passage

question 91

Short Answer

The use of _________________ was introduced in American law with the passage of the Racketeer Influenced and Corrupt Organization and the Continuing Criminal Enterprises acts, both of which allow the seizure of any property derived from illegal enterprises or conspiracies.

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Definitions:

Non Oil

Pertaining to economic sectors or industries that are not related to the extraction or processing of oil.

Corporation

A legal entity that is separate and distinct from its owners, capable of conducting business, entering into contracts, and owning assets.

Inventory Investment

The purchase of goods and materials for future sale or use, representing a business investment in stock.

Proprietorships

The simplest form of business organization owned by a single person, responsible for all the business’s operations and liabilities.