Examlex
Which of the following is true about a matrix structure?
Trust
A provision in equity whereby one person transfers property to a second person obligated to use it to the benefit of a third person.
Involuntary Assignment
Assignment of rights that takes place involuntarily, as in the cases of death and bankruptcy.
Equity Provision
A clause in an agreement that allows for adjustment based on the equity value of an entity or asset.
Contract Terms
The specific provisions, conditions, and stipulations that define the agreement and obligations between parties in a contract.
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