CONTINUITY OF BUSINESS ENTERPRISE

continuity of business enterprise.A doctrine covering acquisitive reorganizations whereby the acquiring cor-poration must continue the target corporation’s historical business or must use a significant portion of the target’s business assets in a new business to qualify the exchange as a tax-deferred transaction. [Cases: Corporations  445.1. C.J.S. Corporations § 657.] [Blacks Law 8th]

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CONTINUITY

continuity (kon-ti-n[y]oo-<<schwa>>-tee).1.Int’l law. The principle that upheavals and revolutions within a country — as well as changes in governmental forms, the extent of a country’s territory, and measures taken during a military occupation — do not affect the existence of the country and therefore cannot lead to its extinction. 2.Patents. The rule that a continuation…

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CONTINUING-VIOLATION DOCTRINE

continuing-violation doctrine.Employment law. The judge-made rule that if an employer’s discriminatory acts are of an ongoing nature, the statute of limitations will be extended to allow the plaintiff to recover even when a claim based on those acts would otherwise be time-barred. [Blacks Law 8th]

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CONTINUING THREAT OF HARM

continuing threat of harm.A condition or situation that presents a high risk of injury at intervals or over an extended period, whether or not an injury has actually occurred. • The condition or situation can be a behavior that is subject to repetition, as with unfair-competition practices or stalking, or an enduring state, such as…

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