Examlex
A company reporting under IFRS may list its assets in either increasing or decreasing order of liquidity.
Public Policy
Principles and standards considered to be in the interest of the public and used as a guide in legislative, judicial, or administrative actions.
Reasonable
Actions, decisions, or policies that are logical, fair, and sensible from an objective viewpoint.
Illegal Contract
A contract that is unenforceable by law because it involves activities that are against the law or public policy.
Restraint Trade
Legal provisions designed to prohibit or control practices that restrict free trading and competition between businesses.
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