Examlex
Firings, demotions, and reprimands are all forms of __________.
Commercially Reasonable
Pertaining to actions, methods, or practices that are considered acceptable and appropriate by business standards or industry norms.
Liquidation
The sale of the nonexempt assets of a debtor and the distribution of the funds received to creditors.
Discharged
In a legal context, this refers to the process of releasing someone from their obligations or debts. In an employment context, it means being fired or let go from a job.
Debtor
An individual or entity that owes money to another party, known as the creditor.
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