Examlex
In response to accounting scandals in 2002, the federal government passed legislation requiring that corporate directors have a certain level of expertise with financial information and mandating that chief executive officers personally certify the accuracy of financial statements.What is the name of this legislation?
Proposal
An offer made by one party to another, intending to create a legal obligation upon acceptance.
Clickwrap
A legal agreement which a user accepts by clicking on an "I agree" or similar button during software installations or within online services.
Browse-wrap
A type of online agreement where acceptance is implied through the use of the website, without requiring an explicit agreement from the user.
Promissory Estoppel
A principle enforcing a party’s promise to prevent injustice, even if the promise was not formalized into a contract.
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