Examlex
If a stock price follows a random walk,the price today is said to be equal to the prior period price plus the expected return for the period with any remaining difference from the actual return considered to be:
Equitable Theory
A branch of law that is concerned with fairness and justice, often applied when traditional legal remedies are inadequate.
Donee Beneficiary
A third party who benefits from a contract, although not one of the principals to the contract.
Uniform Commercial Code
A comprehensive set of laws governing commercial transactions in the United States, intended to standardize legal statutes across states.
Sale of Goods
A transaction where the ownership of tangible personal property is transferred from one party to another, usually in exchange for a price.
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