| Stock Splits |
|
| When a corporation's stock performs well, the corporation may decide to split its shares. The result of such an action on the part of a corporation is to provide additional shares to its shareholders. With a reverse stock split, a corporation exchanges more shares of its stock for fewer shares of its stock. More... |
|
|
| The Franchise Rule - Liability for Violations |
|
| The Federal Trade Commission (FTC) has the authority to file enforcement actions against franchisors, franchise brokers, and their officers and agents for violations of the Franchise Rule. The FTC may seek a variety of remedies. More... |
|
|
| The Consumer Leasing Act - Form of Disclosures |
|
| Regulation M of the Consumer Leasing Act explains the form in which required disclosures must be given. More... |
|
|
| The Truth in Lending Act - Advertising Consumer Credit - Closed-End Credit and Buydowns |
|
| Under the Truth in Lending Act, special rules apply to advertisements for loans in which the seller or a third party "buys down" the interest rate during the early years of the loan. Such ads may show the reduced simple interest rate or rates applicable during the buydown period. More... |
|
|
| Elements of a Contract |
|
| A contract is a legally enforceable agreement between two or more parties. All of the following elements must exist to create a contract: (1) Offer, (2) Acceptance, (3) Consideration, (4) Mutual Consent, (5) Performance, (6) Legality, and 7) Capacity. More... |
|
|