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Articles 1 - 4 of 4
Full-Text Articles in Law and Economics
Equity-Specific Performance-Decrease In Money Value Subsequent To The Inception Of An Option Contract Is Not Hardship, Harry T. Baumann S. Ed.
Equity-Specific Performance-Decrease In Money Value Subsequent To The Inception Of An Option Contract Is Not Hardship, Harry T. Baumann S. Ed.
Michigan Law Review
ln 1940 defendant leased his property to the plaintiff for ten years with an option to purchase for $25,000 at any time within the term of the lease. One month before the lease expired, the plaintiff gave defendant notice of his election to exercise the option. Defendant claimed that, subsequent to exercise of the option, a fair bid of $35,000 had been made by a third party and, therefore, he was not required to convey. In an action for specific performance, the trial court held that the subsequent bid was of no effect under the contract, and the plaintiff was …
Brownell: Legal Aid In The United States., Glenn R. Winters
Brownell: Legal Aid In The United States., Glenn R. Winters
Michigan Law Review
A Review of LEGAL AID IN THE UNITED STATES. By Emery A. Brownell.
Job-Seeking Aggression, The Nlra, And The Free Market, Sylvester Petro
Job-Seeking Aggression, The Nlra, And The Free Market, Sylvester Petro
Michigan Law Review
Two principles are at war in modem labor relations. One, the principle of free choice of employee representation, underlies all modem labor relations legislation. The other, the principle of absolute proprietary rights in certain work, manifests itself in the traditional jurisdictional dispute but occurs in a broader context as well. The labor relations principle, an attempt to order relations between employers and employees on a civilized basis, requires collective bargaining between employers and the representatives of their employees and further declares that the selection of representatives by employees shall be free of coercive interference by employers. Job-seeking aggression, combatting this …
Commentary On General Relief Under The Excess Profits Tax Act Of 1950, Thomas N. Tarleau
Commentary On General Relief Under The Excess Profits Tax Act Of 1950, Thomas N. Tarleau
Michigan Law Review
Analysis of an excess profits tax involves inquiries which are essentially foreign to the concepts of ordinary income taxation. The question of excess profits arises only after taxable income has been defined and characterized, its recipients determined and the time of receipt established. The problem is to divide taxable income into two components, one representing the corporation's normal profits, which it is permitted to enjoy free of the penalty tax, and the balance which is deemed to be "profits due to the outbreak of hostilities and to large military expenditures." Under the Excess Profits Tax Act of 1950, as was …