Examlex
Summarize two types of manipulative practices, including their characteristics and prevalence of use in the USA.
Act of Bankruptcy
Any action taken by an individual or company that signals insolvency or the inability to pay debts as they come due.
Assignment of Liabilities
The transfer of responsibility for a debt or obligation from one party to another.
Stay of Proceedings
A court order to temporarily suspend the proceedings or actions in a case.
Bankrupt Discharged
The legal status indicating that an individual or entity, previously declared bankrupt, has been released from the obligation of repaying certain debts.
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