Examlex
Define liabilities.Provide three examples of liabilities.
Compliance
Adherence to laws, regulations, guidelines, and specifications relevant to an organization's business activities.
Debt Covenant
A provision often included in loan agreements that requires the borrower to adhere to certain conditions or restricts specific financial activities.
Cure
The action of resolving a breach or default situation, either by fixing the underlying issue or by making restitution to affected parties.
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