Examlex
A measure can be valid without being reliable.
Shareholders' Assumption
A concept or situation where shareholders assume certain rights, risks, or responsibilities related to their investment in a corporation.
Personal Liability
The responsibility of an individual to settle debts or obligations from personal assets, as opposed to business liabilities.
Guarantors
Individuals or entities that agree to be responsible for another's debt or performance under a contract if the original party fails to meet its obligations.
Liable
Required to answer legally.
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