Declaratory Act, (1766), declaration by the British Parliament that accompanied the repeal of the Stamp Act. It stated that the British Parliament's taxing authority was the same in America as in Great Britain. Parliament had directly taxed the colonies for revenue in the Sugar Act (1764) and the Stamp Act (1765).
In states, cities, and townships, traffic courts are courts of limited "jurisdiction" since they pertain only to a specific part of the territory, and do not have a lot of power in general.
<span>In the early nineteenth century, the corporate form of
business organization had been used to raise large
amounts of start-up capital for transportation enterprises such as turnpikes and canals. By selling stocks and
bonds to raise money, the corporation separated the
company’s managers, who guided its day-to-day operation, from the owners—those who had purchased the
stocks and bonds as investments.
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