Examlex
If a seller assumes the buyer's liability on the property acquired, the buyer's adjusted basis for the property is increased by the amount of the liability assumed.
Voting Qualifications
The criteria that determine eligibility to vote in elections, typically including age, citizenship, and residence requirements.
States
Constitutionally defined entities with their own governments within a federal system, possessing certain powers and responsibilities distinct from those of the national government.
Citizens United
A landmark Supreme Court case that ruled restrictions on independent political spending by corporations and unions are unconstitutional.
Campaign Funding
The financial resources collected and used to support a political campaign, candidate, or party.
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