Examlex
The main source of cash in a cash budget is collection on accounts receivable.
Transferable Interest
A stake or share in a property or enterprise that can be legally transferred from one party to another.
Dissolution
The process of legally dissolving a corporation or partnership, effectively bringing its existence to an end.
RUPA
Refers to the Revised Uniform Partnership Act, which is a set of laws adopted by some U.S. states to govern the formation, operation, and dissolution of partnerships.
Duty Of Loyalty
The legal obligation of individuals, such as corporate directors or employees, to act in the best interests of their company or employer.
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