Examlex
A sample size of 1000 is used to test a structural model of advertising effectiveness for the Coca-Cola company.The results show that a significant relationship exists between advertising effectiveness and sales.The estimated value of the standardized path estimate is .035.The Coca-Cola management dismisses the finding because the relationship is trivial.
Secured Creditor
A creditor who has a claim on property of the debtor, giving him priority on that property over other creditors.
Guarantee
A formal promise or assurance, typically in writing, that certain conditions will be met or that a product will perform as stated.
Default
Failure to fulfill a legal obligation or condition, such as not making a scheduled payment on a loan.
Right of Distress
The legal ability of a landlord to seize a tenant's assets for unpaid rent or other dues.
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