Examlex
In certain instances of fraud, a court may "pierce the corporate veil" to hold the shareholders individually liable.
Mobile Devices
Portable computing gadgets, such as smartphones and tablets, that allow users to access, process, and manage information on the go.
UCC Article 4
A section of the Uniform Commercial Code that deals with bank deposits and collections, outlining the rights and liabilities of banks and their customers.
Brokerage House
A financial institution that buys and sells securities, such as stocks and bonds, on behalf of clients while charging a commission for the service.
Joint Checking Account
A bank account shared by two or more individuals, typically allowing all holders equal access to funds.
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