Examlex
Purchasing receivables with recourse is riskier than purchasing them without recourse.
Capital Accounts
Records reflecting the equity and investment contributions of owners or shareholders in a company, including adjustments for profits or losses.
Schedule of Liquidation
A detailed plan that outlines how a company will sell off its assets and pay off its liabilities before closing.
Future Events
Events that are expected to occur in the future, not yet happening at the current time.
Uniform Partnership Act
A set of laws adopted by various states in the United States to regulate the operations of partnerships.
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