COMMERCIAL INSOLVENCY - Black's Law Dictionary

What is COMMERCIAL INSOLVENCY? Definition of COMMERCIAL INSOLVENCY in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.

Inability of a businessman to pay his debts as they become due in the regular and ordinary course of business. Willing  v. Eveloff,  C;C.A.Pa., 94 F.2d 344, 346.

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That's the definition of COMMERCIAL INSOLVENCY in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. Courtesy of Cekhukum.com.

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Baca Juga

  1. Feodality
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