Examlex
For the most part, the dividend preference theory opposes the viewpoint that "a bird in hand is worth two in the bush".
Compensatory Damages
Monetary awards given to a plaintiff to compensate for loss, damage, or injury suffered due to another's breach of duty or negligence.
Implied Warranty
A legal guarantee that a product will meet certain standards of quality and reliability even if not explicitly stated in a contract.
UCC
The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, designed to standardize and harmonize sales and commercial transactions across state lines.
Express Warranty
A written guarantee by the seller about the quality or performance of a product, provided at the time of sale.
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