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Insolvent
A financial state in which an individual or an entity cannot meet their debt obligations as they come due because their assets do not exceed their liabilities.
UCC
In the United States, the Uniform Commercial Code is a detailed compilation of statutes that regulate commercial dealings.
Stopping Delivery
Halting the shipment of goods, often by the seller, under specific circumstances outlined in a sales or shipping agreement.
Cover
To provide protection against something, such as insurance coverage protects against specific risks.
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