Examlex
When shares are issued in exchange for a piece of equipment, the transaction is valued at the fair value of the equipment received.
Free Exercise Clause
A provision in the First Amendment of the US Constitution that protects individuals’ rights to practice their religion freely, without government interference.
Full Faith and Credit
Full faith and credit refers to a clause in the United States Constitution requiring each state to recognize the public acts, records, and judicial proceedings of every other state.
Actual Malice
A standard of proof in libel cases showing that the publisher knew the statement was false or acted with reckless disregard for the truth.
Libel
A false written or published statement that unjustly harms someone's reputation, considered a civil wrong or tort.
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