Examlex
Diversifiable risks can be essentially eliminated by investing in several unrelated securities.
Main-Purpose Rule
A principle in suretyship law that a guarantor's promise to pay another's debt is not considered a secondary promise requiring a written agreement if the guarantor's main purpose benefits them.
Parol Evidence Rule
A legal rule in contract law that prevents the admission of external evidence intended to alter or contradict the terms of a written agreement.
Merger Clause
A clause in a written agreement within the statute of frauds which states that the written agreement accurately reflects the final, complete version of the agreement.
Parol Evidence Rule
A legal doctrine stating that oral or extrinsic evidence cannot be used to contradict, vary, or add to the terms of a written contract.
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