Examlex
The relationship between current assets and current liabilities is important in evaluating a company's
Writing Requirement
The legal necessity for certain contracts to be in writing in order to be enforceable, such as real estate transactions.
Reliance
Dependence or trust in something or someone for support or to fulfill needs.
Subdivision
The act of dividing land into plots or pieces that may be developed, sold, or otherwise used separately.
Statute of Frauds
A legal principle requiring certain types of contracts, such as those involving land, to be in writing and signed by all parties to be enforceable.
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