Examlex
Describe how a small business is critical globally.
Applicable Law
The body of law or legal system that is relevant or utilized in a particular jurisdiction, case, or legal matter to determine the outcome.
Fraudulent Transfers
The illegal or unethical transfer of property to avoid debts or obligations to creditors.
Voidable Preferences
Financial transactions that can be invalidated or reversed, often within bankruptcy proceedings, if they unfairly favor one creditor over others.
Trustee
An individual or organization appointed to manage and hold property or assets on behalf of another party.
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