Examlex
Advantages of rear-wheel drive include reduced weight and a more efficient drivetrain, resulting in better fuel economy.
Maintenance Costs
Expenses incurred for the upkeep and repair of assets to ensure they remain operational and efficient.
Legally Separate
A state in which entities are distinctly independent in terms of ownership, liability, and legal identity.
Corporate Powers
The legal capacities and rights granted to a corporation by law, allowing it to act as a legal entity for conducting business, entering into contracts, and owning property.
Bonded Debt
Long-term debt secured by a guarantee (bond) that obligates the issuer to repay the borrowed amount at specified terms, commonly used by corporations and governments.
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