PRODUCT-LINE EXCEPTION

product-line exception.An exception from the usual rule that a successor corporation is not liable for the acts of its predecessor, arising when the successor acquired all the predecessor’s assets, held itself out as a continuation of the predecessor by producing the same product line under the same or a similar name, and benefited from the…

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PRODUCTIO SECTAE

productio sectae (pr<<schwa>>-d<<schwa>>k-shee-oh sek-tee). [Latin] See PRODUCTION OF SUIT. [Blacks Law 8th]

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PRODUCTION PAYMENT

production payment.Oil & gas. A share of oil-and-gas production from property, free of the costs of production, ending when an agreed sum has been paid. [Blacks Law 8th]

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PRODUCTION OF SUIT

production of suit.Common-law pleading. The plaintiff’s burden to produce evidence to confirm the allegations made in the declaration. [Blacks Law 8th]

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PRODUCTION FOR COMMERCE

production for commerce.The production of goods that an employer intends for interstate commerce. • This is one criterion by which an employer may be subject to the Fair Labor Standards Act. [Cases: Commerce 62.44–62.67. C.J.S. Commerce §§ 68; Labor Relations §§ 1046, 1049–1071, 1073–1081, 1083–1085, 1270, 1278, 1284.] [Blacks Law 8th]

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