1. An irrelevant legal or factual issue, usu. intended to distract or mislead (law students should avoid discussing the red herrings that professors raise in exams).
2. See preliminary prospectus under PROSPECTUS.
1. An irrelevant legal or factual issue, usu. intended to distract or mislead (law students should avoid discussing the red herrings that professors raise in exams).
2. See preliminary prospectus under PROSPECTUS.