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When the Fed conducts open market operations,the impact of the buying or selling of bonds will include changes in
Legal Obligation
A legal obligation is a requirement imposed by law, where a person is required to perform or refrain from performing a certain action.
Dividends
Payments made by a corporation to its shareholders, usually derived from the company's profits.
Separate Legal Person
An entity, such as a corporation, that has legal rights and obligations independent of its owners or members, allowing it to enter into contracts and own property.
Vicariously Liable
Legal principle where one party is held liable for the actions of a subordinate or associate due to their relationship to the wrongdoer.
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