Examlex
Which of the following parties have the proper incentives to make risky,value increasing investments for the firm?
Objective Theory
A legal principle stating that the terms of a contract are interpreted based on external expressions (actions, words) rather than internal intentions.
Offeror's Words
The specific language or phrasing used by the person making an offer in a contract scenario, which can impact the terms and acceptance of the contract.
Intent Requirement
A legal principle that requires establishing a person's specific intent or purpose to commit a crime or execute a legal act.
First Come
A principle often used to determine priority or allocation based on the order of arrival or claim.
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