Examlex
A quota rent for tuna is the difference between the demand price and the supply price if a quota limit is imposed in the tuna market.
Court Decree
A formal and authoritative order issued by a court, requiring parties to do or not do something.
Invalidates
To make something legally null and void or to render it ineffective by establishing its incorrectness or inapplicability.
Community Property
A form of ownership between married couples in some states, where assets acquired during the marriage are considered jointly owned.
Separate Property
Property that a spouse owned before the marriage plus inheritances and gifts acquired by the spouse during the marriage.
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