31 CFR Part 82 – 5-Cent and One-Cent Coin Regulations
Current as of: 2024 | Check for updates
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Other versions
| § 82.1 | Prohibitions |
| § 82.2 | Exceptions |
| § 82.3 | Definitions |
| § 82.4 | Penalties |
Terms Used In 31 CFR Part 82 - 5-Cent and One-Cent Coin Regulations
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.