Bright-line test: Difference between revisions

{{G}}always uttered in the negative — i.e., “sadly, [[there’s no bright line test]]” — a [[bright line test]] is a [[Metaphysics|metaphysical]] concept that does not exist as a matter of {{tag|US law}}. It is a [[US attorney]]’s means of evading any responsibility for anything she says or does, instantly rendering any [[legal opinion]] she may have written to you totally worthless.

“There is no [[bright line test]] in the rules, and consequently there is always a potential risk that regulators might be [[inclined]] to take the view that your good faith practice on which your firm designed its implementation was not compl ...” zzzzz zzzz zzzz HEY! WAKE UP!