Examlex
Define and give one example of each of the following:
a. product line extension
b. product form extension
Rights Of Owners
Entitlements or privileges that come with owning equity or shares in a corporation, including voting rights, dividends, and the right to share in the assets of the company during liquidation.
Owner's Rights
The legal entitlements or claims a person has over an asset or property, reflecting one's ownership and the benefits and responsibilities that come with it.
Creditors' Rights
The legal entitlements and protections afforded to lenders or creditors to ensure repayment of debt or loans.
External Users
Individuals or entities outside a company who have an interest in the company's financial information, such as investors and creditors.
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