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How might you best overcome linguistic barriers in communicating with others?
Privity of Contract
Privity of contract is a legal principle that restricts the rights or duties under a contract to the parties who originally agreed to it, preventing third parties from enforcing the contract terms.
Financial Statement
A formal record of the financial activities and position of a business, individual, or other entity, presented in a structured manner.
Section 11
A provision in the 1933 Securities Act that holds issuers liable for registration statement misrepresentations or omissions of material facts to investors.
Untrue Material Fact
Incorrect or misleading information that is substantial and significant enough to influence a decision-maker's action, particularly in contexts like securities transactions.
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