Examlex
Which type of manager would be allowed to decide whether or not new manufacturing equipment should be purchased?
Security Deposit
A sum of money held by a landlord or lender as a safeguard against damage or non-payment, to be returned or applied appropriately after certain conditions are met.
Navigable Airspace
The space above 1,000 feet over populated areas and above 500 feet over water and unpopulated areas.
Ultralight Airplane
A type of light aircraft that weighs less than a certain amount and is designed for recreational flying, often not requiring a traditional pilot's license in some jurisdictions.
Tenants In Common
Owners of an undivided interest in property, with each owner’s rights going to his or her heirs upon death rather than to the surviving co-tenants.
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