Withdrawal of a corporation, also referred to as dissolution of a corporation, is the termination of a corporate entity. The procedure could be conducted voluntarily or involuntarily. Ending a corporation becomes more complex with more owners...
commercial activities
without recourse
A phrase meaning that one party has no legal claim against another party. It is often used in two contexts:
1. In litigation, someone without recourse against another party cannot sue that party, or at least cannot obtain adequate relief even...
workout
Workout is an arrangement negotiated between a debtor and creditor to take care of a debt, by paying it off or through loan forgiveness. A workout agreement is a mutual agreement entered into by a borrower and a lender to reschedule the terms...
world wide web (www)
The World Wide Web (WWW), often known as WWW, W3, or the Web, is the most widely used software platform on the globe. Tim Berners-Lee proposed the architecture of what became the World Wide Web. It is an information-based environment where...