Examlex
A weakness of lectures as a management development method is that students are often passive learners.
Reorganization
The process of restructuring a company's business affairs, debts, and assets, often in the context of bankruptcy proceedings, to allow continued operation and recovery from financial distress.
Voluntary
An action or decision made by an individual's own will without coercion or undue influence from others.
Secured Interest
A legal claim or lien on collateral pledged by a borrower to secure a loan, providing the lender with rights to the property if the borrower defaults.
Personal Property
Movable property that is not fixed to one location and can be owned by an individual, as opposed to real property or real estate.
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