Examlex
For a two stock portfolio containing Stocks i and j,the correlation coefficient of returns (rᵢⱼ)is equal to the square root of the covariance (covᵢⱼ).
Material Fact
A fact that is significant or essential to the issue or matter at hand, often affecting the outcome of a legal case.
Fraudulent Misrepresentation
The tort that occurs when a misrepresentation is made with the intent to facilitate personal gain and with the knowledge that it is false.
Justifiable Reliance
The principle that a party has acted upon another's representation with a reasonable belief that it was true, often relevant in cases of fraud or misrepresentation.
Nondisclosure
A failure to provide pertinent information about a projected contract.
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