Examlex
Out-of-school learning opportunities provide a natural mechanism for:
Liquidity
A measure of how easily assets can be converted into cash without losing value.
Obligations
Responsibilities or duties bound by law or contract that one party owes another, including the repayment of debts or fulfilling contractual agreements.
Company
An organization engaged in commercial, industrial, or professional activities, which can be a legal entity separate from its owners.
Cash Equivalents
Short-term, highly liquid investments that are readily convertible to known amounts of cash and have original maturities of three months or less.
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