Examlex
Another method to repurchase shares is the ________, in which the firm lists different prices at which it is prepared to buy shares, and shareholders in turn indicate how many shares they are willing to sell at each price.
Defective Parts
Components of a product that are flawed or malfunctioning, potentially causing harm to users or failure of the product to perform as advertised.
Assumption of Risk
A legal doctrine that holds an individual to assume the risk of any harm arising from a dangerous activity they voluntarily participate in, limiting liability for the party offering the activity.
Contributory Negligence
A legal principle where the plaintiff's own negligence played a role in the harm they suffered, which can limit or prevent recovery from the defendant.
Privity
A legal doctrine ensuring that contracts are only enforceable by and against parties that are directly involved in the agreement.
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