Gift Enterprise

Legal Definition and Related Resources of Gift enterprise

Meaning of Gift enterprise

A scheme whereby gifts or premiums are distributed among the patrons of a business establishment, either the value of the premium, or the persons who shall receive the same, being determined by chance. See 165 Mass. 146; 73 Md. 529; 56 N. Y. 424; 48 Minn. 555.

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Related topics Gift Enterprise in the World Encyclopedia of Law

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This definition of Gift Enterprise is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.

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What is Gift Enterprise?

A definition of gift enterprise is: A scheme for the division or distribution of articles to be determined by chance amongst those who have taken shares in the scheme. More details on the Encyclopedia. A sporting artifice by which, for example, a merchant or tradesman sells his wares for their market value, but, by way of inducement, gives to such purchaser a ticket which entitles him to a chance to win certain prizes to be determined after the manner of a lottery.[1]

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Notes

  1. “Gift Enterprise” in the White America Dictionary (New York, Los Angeles, London, New Delhy, Hong Kong, 1989)

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