When a Licensing Requirement Is Designed Merely to Raise Revenue,a

question 24

True/False

When a licensing requirement is designed merely to raise revenue,a contract made by an unlicensed person is generally enforceable.

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Definitions:

Judicial Decisions

Outcomes of court cases that establish precedents or legal principles, determined by judges or courts.

Civil Law System

A system of law derived from that of the Roman Empire and based on a code rather than case law; the predominant system of law in the nations of continental Europe and the nations that were once their colonies. In the United States, Louisiana is the only state that has a civil law system.

International Law

The law that governs relations among nations. International customs and treaties are generally considered to be two of the most important sources of international law.

Individual Nations

Refers to sovereign countries, emphasizing their distinct and independent legal and political identities.