Examlex
Use the distributive property to help simplify the expression.
Controlling Person
An individual or entity that has the power to direct or influence the management and policies of a company, typically through ownership of a significant portion of voting shares.
Affirmative Defense
A defendant’s response to a plaintiff’s claim in which the defendant attacks the plaintiff’s legal right to bring the action rather than attacking the fact of the claim or making excuses for unlawful behavior. Common
GAAS
Generally Accepted Auditing Standards, which are guidelines that auditors follow when conducting audits on companies' finances.
GAAP
Generally Accepted Accounting Principles, which are a common set of accounting rules and standards for financial reporting.
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