Examlex
If an asset is sold for a price above its book value, the difference is considered taxable income to the firm.
Eighth Amendment
A provision of the United States Constitution prohibiting the federal government from imposing excessive bail, excessive fines, or cruel and unusual punishment.
Speedy And Public
Pertaining to the constitutional guarantee that legal proceedings must be conducted without undue delay and be open to observation by the public.
Sixth Amendment
A provision in the United States Constitution guaranteeing important rights in criminal prosecutions, such as the right to a speedy and public trial, the right to counsel, the right to confront witnesses, and the right to an impartial jury.
Confront Witnesses
A legal right, particularly in criminal cases, that allows the accused to question and cross-examine witnesses testifying against them in court.
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