Examlex
The price of a stock put option is ________ correlated with the stock price and ________ correlated with the exercise price.
Condition Precedent
refers to a condition or event that must occur before a contract becomes effective or before a party is obligated to perform their contractual duties.
Parol Evidence Rule
A principle in contract law that prevents parties from presenting extrinsic evidence that would contradict, modify, or vary the terms of a written contract.
Oral Modifications
Oral modifications refer to changes made to the terms of an agreement through spoken communication between parties, as opposed to written amendments.
Person-In-Situation Schema
A cognitive framework that helps individuals analyze and understand the interaction between personal characteristics and situational factors in influencing behavior.
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