Examlex
According to Section 609 of the Federal Clean Air Act, no one repairing or servicing a motor vehicle's A/C system can do so unless that person is properly trained and certified.
Gain Or Loss
The financial result that occurs when the selling price of an asset differs from its carrying amount at the time of sale or disposal.
Sinking Fund Bond
A type of bond that includes a fund set aside by the issuer to repay the bond at maturity, ensuring the bond's eventual payoff.
Specific Assets
Specific assets are identifiable and tangible assets like machinery, land, or buildings that a company owns and utilizes in its operations.
Board Of Directors
A group of individuals elected by the shareholders of a corporation to oversee and make decisions on behalf of the corporation.
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