Examlex
Economic relationships are characteristically embedded in other relationships, such as kinship, in all of the following kinds of societies EXCEPT
SEC Rule 10b-5
A regulation by the Securities and Exchange Commission that prohibits fraud and misrepresentation in securities trading.
Privity
A doctrine in contract law that holds that contracts are private agreements between the parties who have mutually consented to them, and thus, only those parties have the rights and liabilities under the contract.
Negligence
A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances, leading to harm or damage.
Malpractice Claim
A malpractice claim is a lawsuit brought against a professional (commonly in healthcare) for negligence or failure to perform their duties to an acceptable standard, resulting in harm to a client or patient.
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