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At the beginning of the month, the healthcare index was 134 and the stock market index was 2100. At the end of the month, the healthcare index was 147 and the stock market index was 2214. Consider the ratio of the healthcare index to the market index at the beginning and end of the month. The healthcare index is ________ the market index, and technical analysts who use relative strength would advise ________ the healthcare index.
Oral Contracts
Agreements made through spoken communication that are binding, albeit harder to prove than written contracts.
Prenuptial Agreements
Legal contracts entered into before marriage, outlining the division of assets should the marriage end in divorce.
Statute of Frauds
A legal principle that requires certain types of contracts to be in writing and signed by the parties involved to be enforceable.
Partial Performance
The act of completing a portion of the obligations outlined in a contract, often considered in legal disputes about contract enforcement.
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