Examlex
An e-contract must meet basic requirements that are different from those required of a paper contract.
Zero Sum Game
A situation in which the gain of one party is exactly matched by the loss of another party, indicating that no net wealth is created or destroyed in the transaction.
Contract
A legally binding agreement between two or more parties that outlines duties, rights, and obligations.
Money
A medium of exchange that is authorized or adopted by a government as part of its currency.
Futures Contract
A binding contract that stipulates the buying or selling of a certain financial instrument or commodity at a price fixed in advance, with the transaction to be executed at a predetermined future time.
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