carrying for hire
The act of transporting goods or individuals for a fee. It is important to determine if the carrier has liability for safe delivery or is subject to regulation. See also: carrier common carrier.

carrying on business
Pursuing a particular occupation on a continuous and substantial basis. There need not be a physical or visible business "entity" as such.

carryover
In taxation accounting, using a tax year's deductions, business losses or credits to apply to the following year's tax return to reduce the tax liability. See also: carryback.

cartel
An arrangement among supposedly independent corporations or national monopolies in the same industrial or resource development field organized to control distribution, set prices, reduce competition, and sometimes share technical expertise.

case
Short for a cause of action, lawsuit, or the right to sue (as in "does he have a case against Jones?").

case law
Reported decisions of appeals courts and other courts which make new interpretations of the law and, therefore, can be cited as precedents.

case of first impression
n. a case in which a question of interpretation of law is presented which has never arisen before in any reported case. Sometimes, it is only of first impression in the particular state or jurisdiction, so decisions from other states or the federal c ...