A certain influence of mathematics both on the
form and substance of their philosophy is discernible in both of them.
Leila de Lima was sufficient in form and substance, Sen.
Lacson said a simple majority of the seven-man committee would decide on the sufficiency in form and substance of the complaint filed by a lawyer over De Lima's alleged involvement in the illegal drug trade.
In addition, It ruled acceptance of appeal submitted by Saud Mohammad and the Public Prosecution in
form and substance by terminating the appealed decision regarding his accusation and acquitting him from assigned charges.
The Karns court stated that Erickson Post was materially distinguishable, because the transaction in that case was a loan in both
form and substance. However, the Karns court does not explain how it reached a different result as to the transaction's substance.
An Argument for a Mere Distinction of Reason between Substantial
Form and Substance. I believe that there is one powerful argument for a mere distinction of reason between the substantial form and the individual substance.
Because the arrangement was an option in
form and substance, Freddie Mac had properly deferred including the commitment fees in gross income until the date the options were exercised or lapsed; see Old Harbor Native Corp.
According to the court's analysis, risk shifting must be present in both form and substance. Insurance contracts must be written, premiums transferred and losses paid.
Under the Tax Court's "pooling" concept, an insurance relationship exists if the captive insures a substantial amount of unrelated risk and the transaction in both form and substance is insurance.
