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The buyer of the call option has the right, but not the obligation, to buy an agreed quantity of a particular commodity or financial instrument (the underlying) from the seller of the option at or before a certain time (the expiration date) for a certain price (the strike price). This effectively gives the owner a long position in the given ...
The Competition Commission (CompCom) is a South African government agency and the country's anti-trust regulator. It has the power to block mergers and other transactions that would reduce competition. [2] [3] [4]
South African contract law is "essentially a modernized version of the Roman-Dutch law of contract", [1] and is rooted in canon and Roman laws. In the broadest definition, a contract is an agreement two or more parties enter into with the serious intention of creating a legal obligation.
A covered option is a financial transaction in which the holder of securities sells (or "writes") a type of financial options contract known as a "call" or a "put" against stock that they own or are shorting. The seller of a covered option receives compensation, or "premium", for this transaction, which can limit losses; however, the act of ...
Right of first refusal (ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party. A first refusal right must have at least three parties: the owner, the third party ...
The Competition Appeal Court is one of three competition authorities tasked with enforcing South African competition law; the others are the Competition Commission and Competition Tribunal. The court has the power to consider any appeal or review of any decision of the Competition Tribunal. It is also required to confirm any order made by the ...
The Competition Tribunal is established in terms of the Competition Act and has jurisdiction in the Republic of South Africa. [1] It is tasked with adjudicating competition-related matters in South Africa, including overseeing large mergers, [1]: 59 interim relief applications, [1]: 131 and complaints relating to prohibited practises.
The South African law of sale is an area of the legal system in that country that describes rules applicable to a contract of sale (or, to be more specific, purchase and sale, or emptio venditio), generally described as a contract whereby one person agrees to deliver to another the free possession of a thing in return for a price in money.