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Enabling Acts: State legislation that confers zoning powers on municipal governments.

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.

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

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

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

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.

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

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.

Nexus (Of Contracts): A set or collection of something.

Bonds Enabling Annual Retirement Savings (BEARS): Holders of BEARS receive the face value of bonds underlying call option, which are exercised by CUBS (an acronym for Calls Underwritten by Swanbrook). If the calls are exercised by CUBS, BEA . . . View Full Definition