Insider Trading

The term “insider trading” is used to describe the buying and selling activities of an individual who has information about a stock that has not been made public. While the term is typically associated with illegal activity, insider trading can actually be done legally, depending on when the investor makes the trade. Insider trading is generally illegal due to the […]

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Honorable Discharge

Honorable discharge is the status a military service member receives when he has successfully and wholly completed the obligations excepted of him or her. For example, honorable discharge means that a veteran is relieved from having to participate in any military service obligations in the future, though being discharged from the military is not the same as being retired. On […]

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Implied Contract

An implied contract is a contract that exists based on the actions of those involved. Though it is not a written or spoken contract, it is just as legal. A contract is assumed to exist based on the behaviors of the parties to it. An example of an implied contract is an implied warranty that goes into effect upon the […]

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