Examlex
In two companies making the same product and with the same total sales and total expenses, the contribution margin ratio will be higher in the company with a higher proportion of fixed expenses in its cost structure.
Defectively Organized
Pertains to an entity or arrangement that has been set up with errors in its structure or legal compliance, affecting its validity or functionality.
Purported Shareholders
Individuals or entities that are claimed to hold shares or ownership in a company, possibly without formal recognition.
Conditions Precedent
Specific conditions that must be met before a contract becomes effective or before an obligation to perform is triggered.
De Jure
According to rightful entitlement or claim; by right of law, often distinguishing legal authority or legitimacy from de facto (or actual) power or control.
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