Examlex
Real rates of interest are perfectly observable in the financial markets.
Negligence Per Se
A legal doctrine that declares an act to be inherently negligent because it violates a statute or regulation, thereby causing harm to a person that the statute was intended to protect.
Literal Meaning
The most direct or explicit meaning of a word or text, without interpretation.
Reasonable Person
A hypothetical individual in the law whose behavior serves as a standard for determining the appropriateness of certain actions under particular circumstances.
Societal Expectations
The assumed norms and beliefs held by a society that dictate acceptable behavior and attitudes.
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