Examlex
Breaking the law in a totalitarian regime in order to carry out humanitarian efforts would probably be seen by most people as
ethical but illegal.
ethical and illegal.
unethical but legal.
unethical and illegal.
the is no consensus on how this behaviour should be classified.
Note Payable
A written promise to pay a specific amount of money, either on demand or at a set future date, typically used in business to document debt agreements.
Debtor's Book Value
The value of all debts owed to a company, often reflecting the accounts receivable balance on the balance sheet.
Unsecured Creditors
Creditors who have lent money without taking any collateral, thus bearing a higher risk in case of debtor's default.
Liabilities With Priority
Obligations that are given preference over other liabilities in the case of liquidation or bankruptcy, often secured or legally mandated.
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