Examlex
The strategy of maintaining a speculative inventory is known as forward hedging.
Good Faith
The honest intention to act without taking an unfair advantage over another party in a transaction.
Reasonableness
The quality of being moderate, fair, and sensible in judgment or expectations, often evaluated in legal contexts.
Offeror's Intention
The specific intent by the person making an offer in a contract to be bound by the offer if it is accepted by the offeree.
Subjectively Clear
A term referring to information or statements that are clearly understood from a personal or individual perspective, often based on personal judgment.
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