Examlex
An amortized or installment loan represents an annuity whose cash flows consist of the loan payments.
Lemon Test
A three-part test created by the Supreme Court to determine when a law has the effect of establishing religion, in violation of the First Amendment.
Religious Schools
Educational institutions that are affiliated with or run by religious organizations, often providing education based on the beliefs of that specific religion.
Precedent
Precedent refers to a previous legal decision or case that is used as an example or guide for deciding similar future cases, thereby providing a degree of predictability and stability in the law.
Supreme Court
The Supreme Court is the highest federal court in the United States and has the ultimate appellate jurisdiction over all federal and state court cases involving issues of federal law.
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