Capacity refers to the ability to make a rational decision based upon all relevant facts and considerations. Some common usages of the term “capacity” in a legal sense include:
In the context of criminal law, the term “capacity” means...commercial transactions
capital gains
Capital gains refers to profits gained from the sale of capital assets. Almost everything someone owns and uses for personal or investment purposes is a capital asset. This includes a home, personal-use items like household furnishings,...
carbon offset
Carbon offsets are credits representing the removal of one ton of carbon dioxide from the atmosphere. These offsets are obtainable through activities such as planting trees or carbon capture and legally offset the amount of carbon that a...
cargo insurance
Cargo insurance (also referred to as shipping or freight insurance) is an important type of insurance for businesses and individuals who must transport goods often. The insurance provides coverage for cargo damaged during transportation, and...
carrier's lien
A carrier’s lien is defined as a type of lien that gives a security interest in shipped goods to a shipper that publicly operates a business for the transportation of goods. This lien typically arises when the shipper takes possession of the...
cartel
A cartel is a group of independent corporations or other entities that join together to fix prices, rig bids, allocate markets, or conduct other similar illegal activities. Cartel conduct is mainly subject to criminal penalties under United States...
caveat emptor
Caveat emptor is a common law doctrine that places the burden on buyers to reasonably examine property before making a purchase. A buyer who fails to meet this burden is unable to recover for defects in the product that would have been...
ceiling
The upper or top interior surface of a room or region is referred to as the ceiling. The term "ceiling" in law refers to the statutory upper limit on the amount of money that may be charged or spent, as well as the number of commodities that...
certificate of title
A certificate of title is an official document issued by the state, usually a registrar or other public officer, that notes the owner(s) of personal or real property. It serves the purpose of proving the right of ownership, and it typically...
certification mark
A certification mark is used in commerce by a person other than its owner to identify goods or services as being of a particular type. When a certification mark is used on a product, it is to indicate the existence of an accepted product...