Examlex
The exclusionary rule goes back as far as 1886, when the Supreme Court held, in Boyd v. United States, that forced disclosure of papers evidencing a crime could not be admissible in court.
Collateral
Assets pledged by a borrower to secure a loan or other credit, ensuring the lender can seize these assets if the borrower fails to repay.
C-Corporation
A C-Corporation is a business structure where the owners or shareholders are taxed separately from the entity, which is recognized as a legal entity under U.S. law.
Double Taxation
The imposition of taxes on the same income, asset, or financial transaction at two different levels, such as corporate earnings and shareholder dividends.
Proprietorship
A business owned and operated by an individual, where the owner is personally responsible for the business's debts.
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