Examlex
What is a fuzzy gate? Explain with an example.
Debtor
An individual or entity that owes money to another called the creditor.
Involuntary Filings
Legal proceedings initiated by creditors against a debtor who fails to pay owed debts, often leading to bankruptcy.
Steady Income
Regular and consistent earnings from employment, investments, or other sources.
Corporations
Legal entities that are separate from their owners, providing limited liability protection, and having the ability to enter into contracts, sue, and be sued.
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