Examlex
Which act is an example of white-collar corporate violence?
Commercially Reasonable
Pertaining to actions, methods, or practices that are considered acceptable and appropriate by business standards or industry norms.
Liquidation
The sale of the nonexempt assets of a debtor and the distribution of the funds received to creditors.
Discharged
In a legal context, this refers to the process of releasing someone from their obligations or debts. In an employment context, it means being fired or let go from a job.
Debtor
An individual or entity that owes money to another party, known as the creditor.
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