Examlex
The operating cycle measures the time between when a firm pays its suppliers for inventory and when it collects cash from customers on a sale of the finished product.
Articles of Incorporation
Legal documents filed with a governmental body to legally document the creation of a corporation.
Incorporator
The person or entity that files the articles of incorporation, officially forming a corporation with the state.
Paralegal
A legal assistant who performs various tasks to support lawyers, such as conducting legal research, drafting documents, and organizing files.
Agency Relationship
A legal arrangement where one party (the agent) is authorized to act on behalf of another (the principal) in business or legal matters.
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