Examlex
The "pseudo dividend method" PDM) is a valuation method involving zero explicitly forecasted dividends and an adjustment to working capital to strip surplus cash.
Predominant-Purpose Test
The predominant-purpose test is a legal principle used to determine the character of a contract based on its primary objective, especially in mixed contracts involving elements of both goods and services.
Article 2
A section of the Uniform Commercial Code that governs the sale of goods in the United States.
Article 2(A)
Generally refers to a specific section within a broader legal document or statute, often needing context for precise definition.
Lease
A contractual agreement where one party (the lessee) is granted the right to use property owned by another party (the lessor) for a specified period in exchange for periodic payments.
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