Category: Legal

Hold Harmless

See Also: Blue Sky Laws Tips on How to Manage your Lawyer Theory of Constraints Trade Credit Compliance  Audit Hold Harmless Hold harmless, defined as a clause which defines both parties as not responsible for any loss, damage, and other issue from a contract, is common in the business world. A hold harmless indemnity agreement is used

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Delivered Duty Unpaid

See Also: Delivered Duty Paid (DDP) Freight on Board (FOB) Delivery Order Ex Works (EXW) Cost of Goods Sold (COGS) Delivered Duty Unpaid Delivered Duty Unpaid or DDU is the contract assuming that a vendor or seller will assume transportation costs associated with an international or overseas sale. Furthermore, the buyer will assume all of

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Delivered Duty Paid (DDP)

See Also: Freight on Board (FOB) Ex Works (EXW) Delivery Order Delivered Duty Unpaid (DDU) Cost of Goods Sold (COGS) Delivered Duty Paid (DDP) Definition Delivered Duty Paid or DDP means that a seller or vendor has assumed all of the liability as well as the costs associated with transportation internationally. Delivered Duty Paid (DDP)

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Damage Claim

See Also: Secured Claim Unclaimed Property Evaluating and Renewing Employee Health Insurance Plan How to avoid additional insurance premiums Third Party Insurance Damage Claim Definition A damage claim, defined as the claim of damages, to a liable or insuring company, which result in financial loss from an associated victim party, are a common legal concept.

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How to Keep Your Corporate Veil Closed

See Also: Ten In-House Secrets for Reducing Your Company’s Legal Costs Secrets of Successful Out of Court Debt Restructures Tips on How to Manage your Lawyer Relationship With Your Lender Debtor in Possession How to Keep Your Corporate Veil Closed Introduction The State of Texas has long prided itself in being a very corporate friendly

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Capital Impairment Rule

See Also: Dividends Dividend Payout Ratio Dividend Yield Capital Structure Management Balance Sheet Capital Impairment Rule The capital impairment rule is a state-level legal restriction on corporate dividend policy. The rule applies in most U.S. states. It basically limits the amount of dividends a company can pay out to shareholders. The limit is described as

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