Examlex
According to the Reaching Beyond our Borders box, "Prospering in Foreign Lands", the success of Yum!Brands' (owner of KFC, Taco Bell, and Pizza Hut) global attempts is mixed. In some cases, opening stores in communist and socialist nations has proven to be profitable; in others, it has proven to be a more costly venture.
Legal Consideration
Something of value that is promised in exchange for performing an act or refraining from acting, forming a necessary element of a valid contract.
Open Offer
An invitation to all shareholders to purchase additional shares in the company, typically at a discount, and not limited to a specific number of shareholders.
Reasonable Intent
A legal standard assessing what a person of ordinary intelligence and prudence would intend under certain circumstances.
Blue Book Value
An estimated value of a vehicle, derived from a standard guide or reference, used largely in the used car market for valuation purposes.
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