Black Market - Law Dictionary Search Results
Home Dictionary Name: black marketSupplies and services
Supplies and services, all supplies are not services and all services are not supplies but the complex needs and samenities of modern life and the multifarious obligations of a welfare State mingle supplies and services so much that the concentric circle geometry becomes a misleading stroke of conceptualism in this journal area. For example, an essential commodity is at once a supply and a service. Rushing food supplies to a nation in hunger is a composite operation of supplies and services essential to the life of the community and the order is not bad because it telescopes both, Jagdish Prasad v. State of Bihar, AIR 1974 SC 911: (1974) 4 SCC 455: (1974) 3 SCR 369.Indulging in black-marketing is conduct which is prejudicial to the maintenance of supplies. It is hardly necessary to read supplies conjunctively with services as was contended although cases may exist where supplies and services may both be affected. The word 'and' is not used conjunctively but disjunctively. If sweepers' ...
black market
the illicit buying and selling of goods in violation of price controls rationing tax laws prohibition of sale etc...
Regrating
Regrating, buying corn, etc., in any market, and selling it again in or near to the same place. It was illegal, but is, by 7 & 8 Vict. c. 24, now no longer so. See FORESTALLING THE MARKET.The purchase of market commodities, Black's Law Dictionary, 7th Edn., p. 1289....
Arbitrage
Arbitrage, means the simultaneous buying and selling of identical securities in different markets, with the hope of profiting from the price difference in those markets, Black Law Dictionary 7th Edn., p. 99....
Job-targeting program
Job-targeting program, means an initiative by a labour union to maintain or improve its share of the labour in a particular market by financing or backing contractor who bid on targeted projects. Also termed market-recovery program, Black's Law Dictionary, 7th Edn., p. 840....
Technical adjustment
Technical adjustment, means a brief change in the general upward or downward trend of stock-market price. Such as a short rally during a bull market, Black's Law Dictionary, 7th Edn., p. 1476....
Free Trade Zone
Free Trade Zone, means a the Bandla Free Trade Zone and the Santa Cruz Electronic Export Processing Zone and includes any other Free Trade Zone which the Central Government may by, notification in the Official gazette, specify for the purpose of this section. [Income-tax Act, 1961, s. 10A(iv)]A duty free area within a country to promote commerce, esp. transshipment and processing, without entering into the country's market, Black's Law Dictionary, 7th Edn., p. 676....
Jus stapulae
Jus stapulae, means 'right of staple'. A town's right or privilege of stopping imported merchandise and forcing it to be offered for sale in its own market. Black's Law Dictionary, 7th Edn., p. 868....
Restraint of trade
Restraint of trade. Contracts in general restraint of trade--that is, that a party shall not carry on a particular trade at all--are void on the ground of public policy, Mitchel v. Reynolds, (1711) 1 P Wms 181; 1 Sm LC, but contracts in partial restraint of trade--that is, where the restraint does not extend further than is necessary for the reasonable protection of the party for whose protection it has been agreed to--are good, if made, although by deed, for some consideration, and if not injurious to the public interests of this country. See the Nordenfelt case,1894 AC 535, in which it is recognised that the law of this subject has been gradually growing in liberality, Attwood v. Lamont, (1920) 3 KB 571; Dewas v. Fitch, (1921) 2 AC 158; and consult Leake or Chitty on Contracts.An agreement between or combination of businesses intended to eliminate competition, create a mono-poly, artificially raise prices, or otherwise ad-versely affect free market, Black's Law Dictionary, 7th Edn....
Stallage
Stallage, the liberty or right of pitching. Or erecting stalls in fairs or markets, or the money paid for the same, 1 Steph. Com. 'The right of stallaye is a right for a payment to be made, to the owner of the market, in respect of the exclusive occupation of a portion of the soil, for the purpose of selling goods in the market': Williams on Rights of Common, p. 295; see Mayor, etc., of Great Yarmouth v. Groom, (1862) 1 H&C 102.1. The right to erect stalls in public markets 2. The cost for that right, Black's Law Dictionary, 7th Edn., p. 1412....
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