Examlex
Which English-speaking adolescent would most likely know who is getting hit in the sentence "George was hit by John?"
Net Realizable Value
The estimated selling price of goods, minus the costs of completion and costs necessary to make the sale.
Total Unsecured Liabilities
Liabilities that are not protected by collateral or a guarantee, meaning that the lender does not have rights to specific assets if the borrower defaults.
Bankruptcy Petition
A legal document filed by an individual or business entity declaring inability to pay outstanding debts, seeking relief through the judicial system.
Net Realizable Value
The estimated selling price of goods minus the costs of their sale or disposal, used to assess the value of inventory in accounting.
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