Examlex
Simeon wants to keep track of his batting average for each day of each week of the next baseball season. Evaluate what is wrong with this code and recommend an alternative code.
double [ ] battingAverage;
Unsecured Creditors
Creditors who have lent money without taking collateral. If the borrower defaults, these creditors stand behind secured creditors in the priority of claims.
Stockholders
Investors who own shares of stock in a corporation, holding a claim on its assets and earnings.
Spin-off
The creation of an independent company through the sale or distribution of new shares of an existing part of a parent corporation.
Equity Carve-out
A strategy where a parent company sells a minority interest of a subsidiary to outside investors while retaining control.
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