Examlex
Compared to 1960,CEO compensation as a multiple of average employee compensation in 2009 is about _______ times as large.
Default Notice Clause
A provision in a contract that specifies the conditions under which a party is considered in default and the notice that must be given to them.
Foreclosure Action
A legal process by which a lender seeks to recover the balance of a loan from a borrower who has stopped making payments.
Right of Action
The legal right to sue or pursue litigation in order to enforce or defend a right or claim.
Equity of Redemption
The right of a mortgagor to redeem their property once the debt secured by the mortgage is fully paid.
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