Examlex
One disadvantage of the creation of a family-owned entity is that there is dilution of control with respect to the original business owners.
Distinct Types
Refers to different, recognizable categories or variants within a group or collection, each with specific characteristics that set them apart from others.
Silence
The absence of any sound or noise; in legal terms, it can imply consent or agreement in certain contexts if established by prior dealings or agreements.
Arm's Length
A transaction conducted between parties who are independent and on an equal footing, ensuring that no special advantages are given to any of the parties involved due to personal relationships.
Fraud
Intentionally misleading someone to obtain an unjust advantage or to strip someone of their lawful entitlement.
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