Examlex
Rephrase the statement as a conditional proposition with the form "if p, then q."
-Attending practice is necessary for staying on the team.
Liquidation
Liquidation is the process of bringing a business to an end and distributing its assets to claimants, often occurring when a company is insolvent.
Reorganization
The process of restructuring a company's business operations, finances, or structure to improve profitability or efficiency.
Total Liabilities
The sum of all financial debts or obligations that a company owes to outside parties, recorded on the balance sheet.
Notes Payable
Liabilities in the form of written promissory notes that a business owes to others, typically payable within a year or more.
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