In addition to numerous congressional acts that focus more on national regulation, laws have been created that affect the practice of home mortgage lending at a community or neighborhood level. For example, laws have been enacted to prevent lenders from avoiding certain neighborhoods without regard to the merits of the individual loan applications, a practice more commonly referred to as redlining
The Confiscation Act, which would have allowed the federal government to seize property, including slave property, being used to assist the Confederate insurrection, was one of the wartime measures that the Senate debated during its special session from July 4 to August 6, 1861. The final bill was approved by the Senate on August 5, 1861, by a vote of 24 to 11, and President Lincoln signed it into law the following day. Although this bill had symbolic value, it had no bearing on the uprising or the talks during the war. Every American was able to purchase any property up to 160 acres of free federal land thanks to a congress statute from 1862. The process of purchasing a homestead consists mostly of three steps. The federal government was authorized in early 1962.
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Answer:
Market share liability
Explanation:
To understand the doctrine of market share liability, it is important to first know the meaning of market share itself.
Market share refers to the percentage of the overall sales of a particular industry that is generated by a company. It calculated by dividing the total sales of the firm during a specified period by the aggregate sales of the industry during the same period. This gives an idea what the size of a company is compared with its competitors in the industry.
From the question, market share of BDC for that drug i Ohio is believed to be 40% when the mother of the plaintiff was taking it.
Market share liability is a legal doctrine unique to the law of the U.S. which gives an opportunity to a plaintiff who sustained an injury from a fungible product to establish a prima facie case against the product based on the market share of the manufacturers of that product, regardless of whether or not knows the actual producer of the product.
Therefore, the state of the plaintiff follows the doctrine of market share liability if he is able to collect $40,000 which from BDC out of the $100,000.
Note:
The $40,000 is obtained after applying 40% market share of BDC to the $100,000 total damages.
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Supreme court has the ultimate authority to decide whether or not a federal law or action is constitutional.
What is the role of Supreme court ?
- For all issues and controversies arising under the Constitution or the laws of the United States, the Court is the highest tribunal in the country. The Supreme Court serves as the final arbiter of law, upholding the promise of equal justice under the law for all Americans. In doing so, it also serves as the Constitution's protector and interpreter.
- According to Chief Justice Charles Evans Hughes, the Supreme Court is "distinctly American in idea and function." Few other courts in the world have the same constitutional interpretation authority, and none have used it as extensively or for as long.
- The strong adherence of the American people to the Rule of Law and to constitutional government is a major contributor to the Supreme Court's unique position.
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