Financial executives wishing to clarify the gray areas for themselves and build organizations that empower their employees to do the same will do well to identify the kinds of ethical transgressions that may surface in their companies.

With different fact situations, other courts have found the length of the marriage persuasive when awarding permanent alimony in gray area marriages.

The firm nevertheless took a chance by venturing into a gray area. The chance it took was that a trier of fact, thoughtfully reviewing all the evidence, would reasonably conclude that it had a conflict."

"This new program offers a health coverage opportunity for "gray area" Guardsmen and Reservists who served America honorably, setting a proud example for today's forces," said Rear Adm.

There are some techniques in direct marketing that go even beyond what a colleague used to call the "black side of the gray area." There are federal laws against "Social Security lookalike mailings," and the FTC and state regulators have so hedged sweepstakes with regulations that I fear I may never get another letter from Ed McMahon saying, "FRED GOSS YOU HAVE ALREADY WON!"

Some people were "taking advantage of the gray area" that existed before the notice declared it a taxable event.

His was a "gray area," I said, which is why we warned him and didn't just send a packet of documents and a copy of his sermon on video to the IRS.

Paull Mines, general counsel of the Multistate Tax Commission (MTC), told the Journal that on-line services may fall into a gray area between the two guidelines, but "there are strong reasons to conclude that states have a clear nexus with on-line services.

The question of which federal agency has jurisdiction over an individual genetically engineered product or process is yet another gray area. In a continuing effort to address these questions, NIH's Recombinant DNa Advisory Committee met this week to refine some of its guidelines.

This is to do away with a legal 'gray area' that is being exploited by violators, according to MMDA general manager Tim Orbos.

That to me was the most fascinating aspect of the story." In building and defining one's family, he adds, "there's a lot of gray area there, and it's got to be complicated for everybody."

He calls the pension plan situation a "gray area" that offers a lot of opportunity to convene the affected parties and brainstorm about how plans could be restructured.

For these owners, the short-term solution is becoming optimum maintenance, the definition of which often falls into a gray area of the difference between repair work, which is included the maintenance fee, and renovation, which is not.