Examlex
Testing intangible assets with indefinite useful lives for impairment:
Sale Of Goods
Transactions involving the transfer of ownership of tangible items from a seller to a buyer for a price.
Equitable Maxim
Fundamental principles guiding the fair and just application of the law, ensuring decisions are made with equity in legal proceedings.
Seeks Equity
A legal principle where a party requests a fair and impartial remedy in a dispute, typically when monetary damages are insufficient.
Clean Hands
A doctrine that prevents individuals from seeking legal remedies if they have engaged in unethical behavior in relation to the subject of their lawsuit.
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