Examlex
In the context of issuing and trading securities, briefly discuss the primary and secondary markets.
Merchant Customer
A consumer who has a commercial relationship with a business or merchant, typically involving the purchase of goods or services.
Dispatch
The act of sending something or someone to a specific destination or for a certain purpose.
Acceptance
The act of agreeing to receive something offered or the acknowledgment of a new contractual proposal.
Predominant-Purpose Test
A legal test used to determine the primary objective or nature of a contract when it serves multiple purposes, impacting enforcement and interpretation.
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