Training

Understanding Half Stock: A Unique Type of Security

by Knowledge Resources

Half stock is a security that has a par value equal to half of the face value of a standard share of stock or bond. The par value refers to the nominal value of a share or bond, and it represents the minimum price at which the security can be...

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Understanding the Habendum Clause in Oil and Gas Leases

by Knowledge Resources

The habendum clause is an essential part of an oil and gas lease agreement. It is a legal provision that defines the duration of the lease and the rights of the lessee to extract resources from the property. In this article, we will explore the...

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