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The Supreme Court of the United States decides Lochner v. New York, which holds that the "right to free contract" is implicit in the due process clause of the Fourteenth Amendment to the United States Constitution.
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Supreme Court of the United States
Highest court of jurisdiction in the US
The Supreme Court of the United States (SCOTUS) is the highest court in the federal judiciary of the United States. It has ultimate appellate jurisdiction over all U.S. federal court cases, and over state court cases that turn on questions of U.S. constitutional or federal law.…Source: Wikipedia (CC BY-SA)
Lochner v. New York
1905 U.S. Supreme Court case on the freedom of contract
Lochner v. New York, 198 U.S. 45 (1905), was a landmark decision of the U.S. Supreme Court holding that a New York State statute that prescribed maximum working hours for bakers violated the bakers' right to freedom of contract under the Fourteenth Amendment to the U.S.…Source: Wikipedia (CC BY-SA)
Freedom of contract
Process by which parties form agreements
Freedom of contract is the principle according to which individuals and groups may form contracts without government restrictions. This is opposed to government regulations such as minimum-wage laws, competition laws, economic sanctions, restrictions on price fixing, or…Source: Wikipedia (CC BY-SA)
Due process
Requirement that courts respect all legal rights owed to people
Due process of law is application by the state of all legal rules and principles pertaining to a case so all legal rights that are owed to a person are respected. Due process balances the power of law of the land and protects the individual person from it. When a government…Source: Wikipedia (CC BY-SA)
Fourteenth Amendment to the United States Constitution
1868 amendment addressing citizenship rights and civil and political liberties
The Fourteenth Amendment to the United States Constitution was adopted on July 9, 1868, as one of the Reconstruction Amendments. Considered one of the most consequential amendments, it addresses citizenship rights and equal protection under the law at all levels of government.…Source: Wikipedia (CC BY-SA)