Examlex
The current ratio is calculated as current liabilities divided by current assets.
Unenforceable
Describing a contract or agreement that cannot be legally enforced or compelled in a court of law.
Article 2A
A provision within the Uniform Commercial Code that governs the leasing of personal property in the United States.
Leases
Contracts in which one party (the landlord) grants another party (the tenant) the right to use real estate for a specified period in exchange for payment.
UCC
Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.
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