Examlex
How does the Securities Exchange Act of 1934 address the issue of insider transactions?
Contract
An enforceable arrangement under law, involving multiple parties.
Infant
A legal term referring to a person who is not yet of the age of majority and therefore lacks the legal capacity to enter into contracts.
Tort
A civil wrong or breach of duty to another person, as outlined by law, which could constitute a lawsuit for damages.
Contractual Incapacity
Contractual incapacity refers to a person's legal inability to enter into a binding contract due to various reasons such as age, mental condition, or duress.
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