Examlex
When one firm sells an asset to another for cash and then leases the asset from its new owner,it is known as a:
Federal Statute
A law enacted by the national government of a country, which applies throughout the country and supersedes state or local laws in areas of federal jurisdiction.
Federal Court
Courts established by the federal government of a country that have jurisdiction over disputes involving federal laws, constitutional matters, and other cases specifically designated by federal statutes.
New York-based
Describing a person, organization, or entity located or headquartered in New York.
Breach of Contract
Failure to perform any term of a contract, written or oral, without a legitimate legal excuse.
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