Examlex
Business erosion is a result of too little leverage and the resulting stagnation and loss of customers.
Howey Test
A test derived from SEC v. W.J. Howey Co. to determine if a transaction qualifies as an "investment contract" and thus is considered a security subject to certain regulatory requirements.
Investment Contracts
Agreements or schemes whereby an individual invests money with the expectation of profit primarily from the efforts of others.
Foreign Corrupt Practices Act (FCPA)
A U.S. law that prohibits companies and their individuals from bribing foreign officials for business advantages.
Bribery Provisions
Legal rules or clauses that deal with the offering, giving, receiving, or soliciting of any item of value to influence the actions of an official or other person in charge of a public or legal duty.
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