Examlex
An initial public offering occurs the first time a corporation sells shares to the public.
Presumptions
Beliefs taken as true without requiring proof, often legally assumed facts until disproven.
Copyright
A type of intellectual property protection that grants the creator exclusive rights to use, reproduce, and distribute their original works.
Equitable Estoppel
The principle that when a gratuitous promise to do something in the future causes a person who relies on that promise to incur an expense, the promisor will not be allowed to enforce other contractual rights that are inconsistent with that promise; the promise can only be used as a defense by the promisee; also known as promissory estoppel.
Natural Person
An individual human being, as opposed to a legal entity like a corporation or government.
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