Examlex
The best way to convey to the market that a new level of cash flow is permanent is to increase (or commence) a regular cash dividend since a regular dividend comes with the expectation that it will not be reduced without unforeseen events occurring in the future
Acceptance
The expression of assent to the terms of an offer in such a manner that it forms a legally binding contract.
Unilateral Contract
A unilateral contract is a legally binding agreement where one party promises to do something in return for an act of the other party, who is not legally obligated to act.
Consideration
in contract law, refers to something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.
Merchant
An individual or company engaged in the business of buying and selling goods or services with the intent of making a profit.
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