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According to the Merriam-Webster Legal Dictionary, the legal definition is "a sale and purchase of securities that produces no change of the beneficial owner." [2] The IRS broadened its definition of wash sales in 1993. [6] In the United States, wash sale laws
Wash trading is a form of market manipulation in which an entity simultaneously sells and buys the same financial instruments, creating a false impression of market activity without incurring market risk or changing the entity's market position. Wash trading has been deemed illegal in most jurisdictions.
Tanner v. United States, 483 U.S. 107 (1987), was a United States Supreme Court case in which the Court held that juror testimony could not be used to discredit or overturn a jury verdict, even if the jury had been consuming copious amounts of alcohol, marijuana, and cocaine throughout the course of the trial.
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For a substance to be considered legal hemp, it can’t contain more than 0.3% of Delta 9 THC by dry weight. ... Is smoke-shop weed legal? It is currently illegal to grow, sell or use marijuana in ...
Legal to possess up to 1 oz (28 g) in public; no limit applies at home. [207] Legislature has yet to authorize retail sales. Legal to possess up to 4 oz (113 g) per 30-day period; unlike recreational use, commercial sales of medical marijuana is legal. Legal for medical & recreational use up to an amount of 4 plants per household. [208
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The first-sale doctrine (also sometimes referred to as the "right of first sale" or the "first sale rule") is a legal concept that limits the rights of an intellectual property owner to control resale of products embodying its intellectual property. The doctrine enables the distribution chain of copyrighted products, library lending, giving ...