Examlex
What is open-book management? How is it effective in motivating appropriate employee behavior?
Bona Fide Purchaser
A person who buys property in good faith, without notice of any prior claims or disputes over the property, and is therefore protected under law.
Attachment
A legal procedure by which a court of law, at the request of a creditor, designates specific property owned by the debtor to be transferred to the creditor or sold for the benefit of the creditor.
Financing Statement
A document filed to give public notice of a secured party's interest in the debtor's personal property.
Charter Business
A company that operates under a charter, offering specified services or engaging in a particular type of business, often subject to special regulations or privileges.
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