Examlex
When does a company record the transfer of accounts receivable as a sale? As a secured borrowing (a liability)?
Monitored Lock
A lock system that is tracked or observed to ensure its integrity, often used in security applications.
Moral Hazard
The situation where one party is more likely to take risks because another party bears the cost of those risks.
Hidden Actions
Situations in a principal-agent relationship where the agent undertakes actions that the principal cannot observe directly.
Hidden Information
Circumstances in which one party in a transaction has access to more or better information than the other party, potentially leading to an imbalance in decision-making or exploitation.
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