Examlex
Which of the following would be known as a business format franchise?
Claim
A demand for something due or believed to be due, typically a request for payment in accordance with an insurance policy or other formal agreement.
Involuntary Petition
A legal process initiated by creditors requesting a court to declare a debtor bankrupt when the debtor hasn't voluntarily filed for bankruptcy.
Order for Relief
A court order in bankruptcy proceedings that grants the petitioner, usually a debtor, protection from creditors and sanctions the commencement of bankruptcy proceedings.
Fraudulent Transfer
The act of illegally transferring property to another party in order to evade creditors or the law.
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