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In a corporation, what are "inside directors" and "outside directors"?
Lawful Maximum
The highest limit allowed by law, often referring to interest rates, fees, or other financial charges.
Interest Rate
An Interest Rate is the percentage charged on the total amount of borrowed money or paid on savings, over a specific period of time.
Legally Binding
A term applied to agreements or contracts that have legal force, meaning they are enforceable by law.
Contracts
Legally enforceable agreements between two or more parties that create mutual obligations.
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