Examlex
A possible limit on arbitrage activity that may allow behavioural biases to persist is ________.
Assignor
A person or entity who transfers obligations along with rights to another party in the context of a legal agreement.
Assignee
A person, company, or entity who is transferred the rights or interests of another's contract or property.
Privity of Contract
A legal principle that asserts a contract cannot bestow rights or impose obligations on any person who is not a party to the contract.
Intended Beneficiary
A third party to a contract whom the contracting parties intended to benefit directly from their contact.
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