Examlex
Explain the process by which prices of securities adjust so as to eliminate arbitrage profits.
Enforceable
Capable of being imposed or carried out by legal process or by force; applicable to obligations or contracts that can be legally compelled.
Contract of Adhesion
A standard-form agreement prepared by one party, with the other party having little to no ability to negotiate more favorable terms.
Boilerplate Provisions
Standardized legal language used in contracts, agreements, and legal documents that is typically not negotiated.
Exculpatory Clauses
Exculpatory clauses are contractual provisions that relieve one party from liability for harm caused during the execution of the contract, often under specific conditions.
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