For presidential or direct elections, the candidate who wins according to the electoral system (electoral college, popular vote, or runoff as applicable) and either (i) is inaugurated/sworn in/takes office, or (ii) the scheduled inauguration date passes without a different candidate taking office is the winner.

• The market resolves based on the official certification or declaration by the relevant electoral authority
• Contested results are resolved based on the final certified outcome by the appropriate electoral authority or highest court with jurisdiction
• In cases of competing claims (two presidents, disputed succession), the individual recognized by the hierarchical majority of Source Agencies prevails
• The market remains open until the rescheduled election or two years from the original date, whichever comes first
• Repeated postponements count towards the 2-year deadline
• If results are annulled by a court/authority AFTER announcement but BEFORE the winner takes office, the Contract remains open until re-run election or expiration