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In primary markets, the first time issued shares to be publicly traded in stock markets is considered as
Res Ipsa Loquitur
A legal doctrine that allows proof of negligence to be inferred from the mere fact that an accident occurred, if the accident is the kind that typically would not happen without negligence.
Proximate Cause
The extent to which, as a matter of policy, a defendant may be held liable for the consequences of his or her actions. In the majority of states, proximate cause requires that the plaintiff and the type of injury suffered by the plaintiff were foreseeable at the time of the accident. In the minority of states, proximate cause exists if the defendant’s actions led to the plaintiff’s harm.
Legal Cause
A legally sufficient reason to file a lawsuit, based on recognized legal principles.
Duty To Render
The legal or ethical obligation to provide a certain level of care or service, especially in professional or emergency situations.
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Q30: In commercial banks, the subordinate debentures and