Sentences with phrase «pro quo means»

If a grateful reader were to send a member a «gift,» it's easy to feel that there was no consideration, but in fact, quid pro quo means «this for that,» and what looks like a gift from a stranger is really taxable income.

«We have to show that he intended to have an exchange; that's what quid pro quo means,» Mr. McDonald said.

Not exact matches

I'm coming to this late, but this essay by Zephyr Teachout, former Howard Dean campaign internet director and Fordham Law School professor, on what Chief Justice John Roberts gets wrong about the meaning of corruption and a quid pro quo in American jurisprudence, is a must - read.

Be cautious of means testing benefits — as established by Magna Carta, taxation still rests on consent, where the quid pro quo for higher earners paying much more taxation is universal entitlement to at least most benefits.

During a conference on the charges last Friday, Silver's attorneys argued that the Skilling precedent means the jury must find Silver had intentionally acted to receive the benefit of a quid pro quo relationship.

history lesson - its commonly believed to of derived from the saying «Quid Pro Quo» meaning something exchanged for something similar such as in the past when money was just a ticket to cash in for gold (the real currency).