Examlex
A share of stock represents ________ in a company.
Firm's Goodwill
An intangible asset representing the value of a business's brand, customer base, and reputation beyond its tangible assets.
Material Modification
A significant alteration to the terms of a contract that affects the rights and duties of the parties involved.
Novation
The substitution of a new contract in place of an old one, often involving a change in parties or the terms of the agreement, with the consent of all parties involved.
LLP Statutes
Laws that govern Limited Liability Partnerships, providing rules on formation, operation, and liabilities of partners in an LLP.
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