Examlex
Match the term with the definition.
-Reagan administration scandal that involved the sale of arms to Iran in exchange for its efforts to secure the release of hostages held in Lebanon and the redirection of the proceeds of those sales to the Nicaraguan Contras.
Administrative Expenses
Costs related to the general operation of a business, including expenses such as office supplies, salaries of non-sales personnel, and rent.
Employee Claims
Rights or demands made by workers against their employer for various benefits, compensation, or acknowledgments of rights or wrongs.
Unpaid Taxes
Taxes that are owed to the government but have not been paid by the due date.
Customer Deposits
Funds paid in advance by customers for goods or services that have yet to be delivered or performed.
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