Examlex
In English Law, when is corroboration required by statute? S89 (2) of the Road Traffic Regulation Act 1984 provies that a person may not be convicted of speeding on the basis of the uncorroborated evidence of one witness who has expressed an opinion that the defendant was speeding.
Legal Capital
The portion of a company's equity that cannot legally be distributed to its shareholders and must be maintained as a protective measure for creditors.
Secondary Market
The secondary market is where investors buy and sell securities they own from each other, rather than directly from the issuing company, including stock exchanges and over-the-counter markets.
Stock Exchange
A marketplace where stocks and other securities are bought and sold, facilitating the transfer of securities among investors.
Initial Public Offering
The first sale of stock by a private company to the public, typically used to raise capital for expansion.
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