Examlex
Which of the following statements is true?
Restricted
Pertains to assets or securities that are not fully transferable until certain conditions, often regulatory, are met.
Assigned
The allocation or designation of resources, responsibilities, or tasks to a specific account, project, or individual.
Unassigned
Refers to resources or tasks that have not been allocated or designated to a specific category, department, or individual.
Encumbrances Outstanding
Liens or claims against property or assets that are unresolved or have not been paid off, affecting an owner's ability to transfer a clear title.
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