Examlex
Achieving aggregate equilibrium in the economy is indicated by:
Winding Up
The process of concluding a company's affairs, settling its liabilities, and distributing the remaining assets to the shareholders or owners.
Corporations Act
The legislation governing corporate practices, including financial reporting and corporate governance, in particular jurisdictions such as Australia.
Just and Equitable
Principles used in legal contexts to ensure fairness and justice in the application or interpretation of laws or regulations.
Liquidation
The process of winding up a company's financial affairs by selling assets to pay off liabilities, with any surplus distributed to shareholders.
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