Examlex
What is a cost that would be classified as a controllable other expense if a manager created a P&L using the USAR format?
Chose in Action
A personal right to property which can only be claimed or enforced by action, not by taking physical possession.
Surviving Corporation
The corporation that continues to exist after the merger or consolidation of two or more corporations, absorbing the assets and liabilities of the others.
Damages
Monetary compensation awarded by a court to a person who has suffered loss or injury as a result of another's wrongdoing or negligence.
Involuntary Liquidation
involves the forced selling off of a company's assets by creditors or a court order, typically when the company is unable to pay its debts.
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