Examlex
Which type of organization depends on larger spans of control,less formalization of procedure,and decisions made at middle levels of the organization?
Debenture
A type of debt instrument that is not secured by physical assets or collateral but is backed by the general creditworthiness and reputation of the issuer.
Creditor/Debtor
A relationship where one party (the creditor) lends money or extends credit, and the other party (the debtor) owes the money.
Articles of Incorporation
Legal documents filed with a governmental body to legally document the creation of a corporation.
Corporation
A legal entity recognized by law as separate from its owners, capable of owning property, entering contracts, and being sued.
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