Examlex
When a modifier does not clearly modify another word in the sentence, this error is known as a
Essence
The intrinsic, fundamental nature or most important quality of something.
1933 and 1934 Securities Acts
The 1933 Act regulates the initial sale of securities to the public (initial public offerings), whereas the 1934 Act governs the secondary trading of those securities in the marketplace.
Common Law
A legal system based on precedent and court decisions rather than written laws or statutes.
Liability
A legal obligation or responsibility for any debt or damages.
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