Related Words

Unsafe Acts: Any action, such as horseplay, fighting, failing to abide by a safety rule, etc., that results in accident or injury to another.

Set Of Contracts Perspective: View of corporation as a set of contracting relationships among individuals who have conflicting objectives, such as shareholders or managers. The corporation is a legal construct that serve . . . View Full Definition

Securities Acts Amendments Of 1975: Legislation to encourage the establishment of a national market system together with a system for nationwide clearing and settlement of securities transactions.

Unconscionable Contracts: An agreement that is so unfair and one-sided that the courts will refuse to honor it.

Options Contracts: A contract traded on a commodity futures exchange that gives the buyer the right without obligation to buy or sell a futures contract over a specified time period. The FAIR Act of 1996 requi . . . View Full Definition

Unsafe Conditions: Hazards, such as faulty equipment or tools, improper safety procedures, failure to improperly guard equipment, etc., that result or have the potential to result in an accident or injury to another.

Workers Compensation Acts: Laws that require an employer to obtain insurance coverage to protect his or her employees who are injured in the course of their employment.

Open Contracts: Contracts that have been bought or sold without completion of the transaction by subsequent sale or purchase, or by making or taking actual delivery of the financial instrument or physical commodity.

Cash Settlement Contracts: Transaction in which a contract is settled on the same day as the trade date, or the next day if the trade occurs after 2:30 p.m. EST and the parties agree to this procedure. Often occurs be . . . View Full Definition

Asteroid Impacts: Hypothesis that links certain mass extinction events with the impact of a comet or asteroid, most notably the mass extinction 65 million years that caused the disappearance of dinosaurs and . . . View Full Definition