scientific organization

An organization exempt from federal income tax because of the scientific nature of its activities, its refraining from prohibited transactions, and also from an unreasonable accumulation of income. Internal Revenue Code § 503. scienti non fit injuria.. No injury is done to a person who has knowledge of the facts. "In discussing the question as to whether the plaintiff assumed the risk by continuing at work (with knowledge of his danger), the judges called attention to the fact that the maxim upon which the assumption of risks was based was not Scienti non fit injuria, bue Volenti non fit injuria. A majority of them therefore concluded that the mere fact that the servant remained at work after discovering the danger to which he was exposed did not authorize the court to say, as a matter of law, that he consented to assume the risk. They held that whether he did so or not was a question for the jury. The justness of his decision has been recognized by some of the American courts." Choctaw, Oklahoma & Gulf R Co. v Jones, 77 Ark 367, 375, 92 SW 244.