Examlex
Juanita is conducting survey research for the Colgate-Palmolive Company. The company recently sent several cases of personal-sized toothpaste to Dr. Yankum as a part of a promotion. Juanita is surveying patients as they leave Dr. Yankum's office to ask if the dentist gave them any hygiene items to continue quality dental care. Juanita has discovered that practically every patient received Colgate and has concluded in her report that dentists prefer Colgate toothpaste over other brands. What flaw exists in Juanita's research?
Royal Bank
Typically refers to a bank that has been granted a royal charter, recognizing it as a privileged financial institution.
Equitable Assignment
An equitable assignment is the assignment or transfer of rights or interests in a property or contract to another party, recognized by equity and not necessarily by law.
Privity of Contract
A principle stating that only the parties involved in the contract have the rights and obligations under that contract.
Novation
The act of replacing an existing obligation with a new one, thereby extinguishing the original contract and creating a new agreement.
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