Latex 17th century, latex has been used as a term for the fluid substance in plants. It serves mainly as defense against herbivorous insects. Latex is not to be confused with plant sap; it is a separate substance, separately produced, and with separate functions. The word latex is also used to refer to natural latex rubber, particularly non-vulcanized rubber. Such is the case in products like latex gloves, latex condoms and latex clothing. Originally, the name given to latex by indigenous Equator tribes who cultivated the plant was “caoutchouc”, from the words “caa” (tear) and “ochu” (tree), because of the way
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