Examlex
The allowances that convert normal time to standard time have three components: personal time allowances, delay allowances, and fatigue allowances.
Statutory Amalgamation
A merger or combination of two or more companies into a new entity, governed and approved by a legal statute.
Reverse Takeover
A scenario where a smaller or a privately-held company takes over a larger or publicly-traded company, often to bypass the lengthy and complex process of going public.
Identifiable Intangible Assets
Assets that can be identified and separated from a company, such as trademarks, patents, and copyrights, which do not have physical substance but have value in a business context.
Fair Value
A measure of the price at which an asset could be bought or sold in a current transaction between willing parties, other than in a liquidation sale.
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