Natural rubber Natural rubber Natural rubber, also called India rubber or caoutchouc, as initially produced, consists of polymers of the organic compound isoprene, with minor impurities of other organic compounds, plus water. Malaysia and Indonesia are two of the leading rubber producers. Forms of polyisoprene that are used as natural rubbers are classified as elastomers. Currently, rubber is harvested mainly in the form of the latex from the rubber tree or others. The latex is a sticky, milky colloid drawn off by making incisions in the bark and collecting the fluid in vessels in a process called "tapping". The latex then is
Substance over form as reflecting only actual sales in "substance" (that is, items delivered to outside parties for payment), and not events that merely fit the "form" of sales documentation for convenience or expedience. The principle strictly governs and resolves disputes of whether workers are independent contractors or employees: Tax law forbids accounting for persons who are "substantially" employees in the "form" of independent contractors. The question of which "form" may be applied to any given case submits to objective tests of the "substance" of the work. Hence substance, over form, is the rule. Substance over form Substance over form is an accounting