statutory reasonableness
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 341 U.S. 246 - Montana-Dakota Utilities Co. v. Northwestern Public Service Co. · 1951Most cited · 1,718 citing opinions
Statutory reasonableness is an abstract quality represented by an area rather than a pinpoint. It allows a substantial spread between what is unreasonable because too low and what is unreasonable because too high. To reduce the abstract concept of reasonableness to concrete expression in dollars and cents is the function of the Commission.