Examlex
While the time in each stage may vary, all products progress through each stage of the product life cycle.
Transfer
Transfer refers to the act of moving ownership, rights, or interest in an asset from one party to another.
Void
Having no legal force or effect; null and unenforceable.
Chapter 7
A bankruptcy process outlined in the United States Bankruptcy Code whereby a debtor's assets are liquidated to pay off creditors.
Bankruptcy
A judicial procedure allowing individuals or companies that cannot pay off their debts to obtain relief from part or all of their financial obligations.
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