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The Stock in Camel Corporation Is Owned by Albert and Tomoko,who

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The stock in Camel Corporation is owned by Albert and Tomoko,who are unrelated.Albert owns 30% and Tomoko owns 70% of the stock in Camel Corporation.All of Camel Corporation's assets were acquired by purchase.The following assets are to be distributed in complete liquidation of Camel Corporation:
The stock in Camel Corporation is owned by Albert and Tomoko,who are unrelated.Albert owns 30% and Tomoko owns 70% of the stock in Camel Corporation.All of Camel Corporation's assets were acquired by purchase.The following assets are to be distributed in complete liquidation of Camel Corporation:     The stock in Camel Corporation is owned by Albert and Tomoko,who are unrelated.Albert owns 30% and Tomoko owns 70% of the stock in Camel Corporation.All of Camel Corporation's assets were acquired by purchase.The following assets are to be distributed in complete liquidation of Camel Corporation:

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Definitions:

Express Contract

A contract explicitly stated by the parties, either orally or in writing, detailing the terms clearly.

Contract Formed

refers to the creation of a legally binding agreement that arises when an offer by one party is accepted by another party, meeting the necessary legal requirements.

Unilateral Contract

A contract where one party makes a promise in exchange for the performance of a specified act by the other party, who is not obligated to perform.

Quasi Contract

An obligation imposed by law to prevent unjust enrichment, where no actual contract exists.

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