Examlex
If firms wish to diversify their operations to reduce dependence on an intensely competitive market, they must make sure that shareholders cannot generate the same results merely by diversifying their portfolio.
Non-breaching Buyers
Buyers who have fulfilled their contractual obligations and have not violated the terms of the contract.
UCC
The Uniform Commercial Code is an all-encompassing set of legal directives that oversee commercial trades in the United States.
Insolvent
A financial state in which an individual or entity is unable to meet their debt obligations as they become due because their liabilities exceed their assets.
In Transit
Denotes goods or items that are in the process of being transported from one location to another.
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