Examlex
Which of the following is NOT a step in self-instructional training?
Third Party
In contract law, a person who may, in some way, be affected by a contract but who is not one of the contracting parties. Also called outside party.
Due Diligence
Due diligence is the investigation or exercise of care that a reasonable business or person is normally expected to take before entering into an agreement or transaction with another party.
Registration Statement
A statement required by the Securities and Exchange Commission to indicate details about a business selling securities.
Cost of Repair Rule
A legal principle that allows a party suffering from property damage to recover the expenses necessary to restore the property to its pre-damage condition.
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