Examlex
Actively managed mutual funds usually fail to outperform index funds, and this fact provides evidence in favor of the efficient markets hypothesis.
Partnership Agreement
A contract between partners in a business venture that outlines the terms of the partnership, including each partner’s rights, responsibilities, and share of profits.
Modify
To make changes or alterations to something, such as a contract, agreement, or piece of legislation, often to update or improve it.
Unanimously Agree
A decision-making process or outcome in which all parties or members fully concur without any dissent.
Contractual Obligations
Responsibilities that parties are legally bound to perform under a contract.
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