Examlex
People's preference for mirror-image photographs of themselves illustrates the impact of
Salomon v. Salomon
A foundational company law case from the UK, establishing the principle that a corporation has a separate legal personality, distinct from its shareholders.
Secured Creditor
A creditor that has a legal claim, or lien, on collateral that secures loan repayment.
Legal Entity
An organization or individual with legal rights and obligations, like a corporation or partnership.
Personal Guarantee
A guarantee of payment for another’s obligation.
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