Examlex
Plumbing codes are always changing to address new technology.
Limited Liability
A legal framework where a company's shareholders' financial liability is limited to the amount they invested in the company.
Ease of Formation
The simplicity with which a new business or organization can be legally established.
Treasury Stock
Shares bought back by the issuing company, reducing the amount of outstanding stock on the open market.
Financing Activities
These pertain to transactions involving raising capital and repaying it to investors, including the payment of dividends, in the statement of cash flows.
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