Examlex
Which of the following statements regarding stock splits is INCORRECT?
Click Wrap Agreement
A legal contract that is agreed upon by the user through an online interaction, such as clicking an "I Agree" button.
Binding
A legal or contractual agreement that is enforceable in a court of law.
Lapsed
Refers to a policy or agreement that becomes invalid because it was not renewed or maintained as required.
Verbal Offer
A proposal made orally to enter into a contract or agreement, which can be legally binding if it meets certain criteria.
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