Examlex
Both preferred stocks and bonds represent funding sources that require repayment to investors.
Prohibited Components
Items or substances that are not allowed to be used in the manufacture or assembly of a product due to legal, safety, or health reasons.
Ratify
To confirm by expressing consent, approval, or formal sanction.
Contract
A legally binding agreement between two or more parties outlining specific obligations and rights, which, if broken, can result in legal consequences.
Agreement
A mutual understanding or arrangement between two or more parties outlining their respective rights and obligations.
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