Examlex
A shareholder's relation to creditors of the corporation is generally that the shareholder:
Conforming Goods
Products that meet the specifications and standards outlined in a purchase contract.
Conforming Goods
Goods that meet the specifications and terms as stated in a contract of sale.
Substantial Performance
A legal concept where a party has completed a majority of their obligations under a contract, warranting payment with possible deductions for uncompleted work.
Contract
A legally binding agreement between two or more parties that is enforceable by law.
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