Examlex
What was the political impetus for the War Powers Act? Do you think that the War Powers Act unduly restricted the ability of the president to conduct foreign affairs and act as commander-in-chief? Do you believe the law is unconstitutional? Why or why not?
Contingent Liabilities
Responsibilities that may arise based on the outcome of a future event.
Financial Statements
Documents that provide an overview of the financial condition of an entity including its assets, liabilities, revenues, and expenses over a particular period.
Settlement
The conclusion of a transaction or the resolution of a claim or dispute, usually involving the transfer of funds or assets.
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