In Nebbia V New York (1934),the Doctrine of Munn V

question 28

Multiple Choice

In Nebbia v New York (1934) ,the doctrine of Munn v Illinois (1877)

• A) was held to be irrelevant.
• B) was upheld for all cases.
• C) was upheld for interstate commerce.
• D) was overturned explicitly.

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Definitions:

Specific Criteria

Different or particular standards or requirements that must be met for a certain condition, action, or process to be initiated or considered valid.

Recognition

The formal acknowledgment in accounting that a transaction or event affects the financial statements of a company.

Separate Incorporation

The legal process of forming a new corporation that is distinct and separate from any owners or other entities.

Subsidiary Dissolved

The process of legally dissolving a subsidiary company, which involves winding up its operations and financial affairs.