Examlex
The term ethics refers to accepted principles of right or wrong that govern the conduct of a person, the members of a profession, or the actions of an organization.
Market Price
The contemporary market cost for acquiring or disposing of assets or services.
Chapter 11 Bankruptcy
A legal process that allows businesses to reorganize under bankruptcy laws of the United States, enabling them to keep operating while restructuring their debts.
Chapter 7 Bankruptcy
A legal process providing for the liquidation of a debtor's assets to pay off creditors under the U.S. bankruptcy code.
Liquidation
The process of winding up a company's operations and distributing its assets to claimants, typically when it is insolvent.
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