Examlex
A decrease in the ratio of liabilities stockholders' equity indicates an improvement in the margin of safety for creditors.
Advisory Opinion
An opinion issued by a court or a commission that does not have the effect of adjudicating a specific legal case, but merely advises on the constitutionality or interpretation of a law.
Specialized U.N. Agency
refers to an autonomous organization affiliated with the United Nations, focusing on specific sectors like health, agriculture, or education, such as WHO or FAO.
International Court of Justice
The International Court of Justice is the principal judicial organ of the United Nations, responsible for settling legal disputes between states and giving advisory opinions on international legal questions.
Sovereign State
An independent and self-governing political entity recognized by other states, with full control over its internal and external affairs.
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