Examlex
Explain why the micro- perforations in a membrane- type air- weather barrier allow water vapor to pass through but neither (liquid)water nor air.
Shareholders Agreement
A contract among the shareholders of a company detailing their rights, obligations, and the management of the company.
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.
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