Definition of corporation for English Language Learners. : a large business or organization that under the law has the rights and duties of an individual and follows a specific purpose.
On August 31, 1935, Congress passed the first Neutrality Act prohibiting the export of âarms, ammunition, and implements of warâ from the United States to foreign nations at war and requiring arms manufacturers in the United States to apply for an export license.resident Roosevelt persisted and as war spread in Europe, his chances of expanding âcash-and-carryâ increased. After a fierce debate in Congress, in November of 1939, a final Neutrality Act passed.
Section 1. Purpose. The purpose of this Act is to regulate trade practices in the business of insurance in accordance with. the intent of Congress as expressed in the Act of Congress of March 9, 1945 (Public Law 15, 79th. Congress) and the Gramm-Leach-Bliley Act (Public Law 106-102, 106th Congress), by defining, or.