Examlex
The farther to the right the IOS is, other things held constant, the lower a firm's dividend payout ratio.
Enforceable
A term applied to contracts or agreements that are legally binding and can be upheld in court.
Freedom Of Contract
The principle that individuals have the liberty to enter into contracts of their choosing without undue government restriction.
Courts
Institutions vested with the power to adjudicate legal disputes between parties and carry out the administration of justice in civil, criminal, and administrative matters.
Public Policy
Principles and standards that guide government actions and decisions in order to serve the best interests of the general public or certain groups within it.
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