Examlex
The effect of ______________ and _______________ on the value of a firm's stock and the wealth of shareholders is zero.
Main-Purpose Rule
A legal principle that if the main purpose of a guarantor to sign a surety agreement is to secure a personal benefit, the agreement does not have to be in writing to be enforceable.
Secondary Obligation
An obligation that arises indirectly or as a result of another primary obligation, often in legal or financial contexts.
Statute of Frauds
A legal concept that requires certain types of contracts to be written and signed to be enforceable.
Statute of Frauds
A legal concept that requires certain types of contracts to be executed in writing and signed by the party against whom enforcement is sought, to be legally enforceable.
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