Examlex
The intrinsic value of a put is equal to the:
Rent
The payment made by a tenant to a landlord for the use of a property, room, or apartment for a designated period.
Profits
The financial gain derived from a business activity after deducting expenses.
Rectification
The legal process of amending a document or agreement to reflect what the parties intended to agree upon.
Privity Of Contract
A principle that contract terms apply only to the actual parties to the contract
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