Examlex
The argument(s) that the value of a firm is independent of the firm's capital structure is presented as:
Surety
A financial arrangement where a third party (surety) agrees to assume responsibility for the debt or obligation of another party if that party fails to meet their obligations.
Consideration
The value (such as money, services, or goods) promised in a contract which motivates a party to enter into the agreement.
Article 9
A provision of the Uniform Commercial Code that governs secured transactions involving personal property.
Real Property
Land and anything permanently attached to it, such as buildings and trees, as opposed to personal property.
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