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United States (312 F.2d 418 (Ct. Cl. 1963), cert. denied, 375 U.S. 954, 84 S.Ct. 444) is a 1963 United States Federal Acquisition Regulation (FAR) court case which has become known as the Christian Doctrine. The case held that standard clauses established by regulations may be considered as being in every Federal contract.
FAR 12.401 allows contracts for commercial items to be tailored to a great extent, therefore deviating in many particulars from the mandatory clause language. See also FAR 12.211, Technical Data; FAR 12.212, Computer Software; FAR 12.213, Other Commercial Practices for additional authority to deviate or "tailor" FAR clauses and provisions in ...
Prop. Reg. 1.263(a)-2(d)(4)(i) serves to codify the 12 month rule and the generally accepted view that capitalization is only required for costs related to the purchase or production of fixed assets that will continue to provide a benefit over the course of several years, or at least for a time significantly longer than the taxable year. [1]
A termination for convenience clause, or "T for C" clause, [1] enables a party to a contract to bring the contract to an end without the need to establish that the other party is in default, for example because the client party's needs have changed, or in order to arrange for another party to complete the contract.
In the U.S. Constitution, the Three-fifths Compromise is part of Article 1, Section 2, Clause 3: . Representatives and direct Taxes shall be apportioned among the several States which may be included within this Union, according to their respective Numbers, which shall be determined by adding to the whole Number of free Persons, including those bound to Service for a Term of Years, and ...
As a result of the failed 2011 merger of AT&T and T-Mobile, AT&T will have to pay a reverse breakup fee of $3 billion in cash and $1–3 billion in wireless spectrum. [ 2 ] After Adobe abandoned its planned acquisition of Figma in 2023 due to antitrust concerns from regulatory authorities in the UK and EU, Adobe was required to pay Figma $1 ...
The Treaty Clause of the United States Constitution (Article II, Section 2, Clause 2) establishes the procedure for ratifying international agreements.It empowers the President as the primary negotiator of agreements between the United States and other countries, and holds that the advice and consent of a two-thirds supermajority of the Senate renders a treaty binding with the force of federal ...
In 1999, the Downtown Athletic Club added a rule that any Heisman Trophies made since 1999 cannot be sold, and any player who tries to do so will be meet with a lawsuit (the rule was passed after O. J. Simpson was forced to sell his 1968 trophy in February 1999 to pay part of the settlement of the civil trial in the O. J. Simpson murder case).