Examlex
An assessment of liquidity can be done based on only one ratio, such as the current ratio or the receivables ratio.
Debtor
An individual or entity that owes money to another party, known as the creditor.
Bankruptcy Code
The Bankruptcy Code is the uniform federal law that governs bankruptcy in the United States, providing legal procedures for dealing with debt problems of individuals and businesses.
Preferential Treatment
The act of giving priority or advantage to a particular person or group over others, typically in an unfair manner.
Creditors
Individuals or institutions to whom money is owed.
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