Examlex
The ratio of a bank's total reserves to its total transactions deposits is known as the
Effective Upon Receipt
A condition indicating that a document, notification, or agreement becomes legally binding as soon as it is received by the intended party.
Online Businesses
Online Businesses operate on the internet, selling goods or services directly to consumers through digital platforms without a physical storefront.
Full Disclosure
Obligation to provide all relevant information and facts to the other party, particularly in financial transactions or legal agreements.
Unilateral Mistake
A misinterpretation or error made by one party in a contract, which does not usually affect the enforceability of the contract.
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