actual insolvency
121Demand guarantee — In English writings, traditionally the term “guarantee” denotes an accessory (secondary) or “conditional” type of obligation. The essence of the instrument is the promise to answer for the duty of another should the other default. The beneficiary …
122Philippine Bar Examination — The Philippine Bar Examination is the professional licensure examination for lawyers in the Philippines. It is the only professional licensure exam in the country that is not supervised by the Professional Regulation Commission. The exam is… …
123Enron scandal — The Enron scandal was a financial scandal involving Enron Corporation Former (NYSE ticker symbol: ENE) and its accounting firm Arthur Andersen, that was revealed in late 2001. After a series of revelations involving irregular accounting… …
124Re D'Jan of London Ltd — Re D’Jan of London Ltd [1994] 1 BCLC 561 is a leading English company law case, concerning a director s duty of care and skill, now codified under s.174 of the Companies Act 2006. The case was decided under the older Companies Act… …
125Goudi coup — Popular lithograph celebrating the coup s success. Greece steps triumphantly over the dead monster of the old party system, cheered by the army and the people. The Goudi coup (Greek: κίνημα στο Γουδί) was a military coup d état that took place in …
126Austria — Austrian, adj., n. /aw stree euh/, n. a republic in central Europe. 8,054,078; 32,381 sq. mi. (83,865 sq. km). Cap.: Vienna. German, Österreich. * * * Austria Introduction Austria Background: Once the center of power for the large Austro… …
127Calendar of 2002 — ▪ 2003 January I will not wait on events while dangers gather. I will not stand by as peril draws closer and closer. The United States of America will not permit the world s most dangerous regimes to threaten us with the world s most destructive… …
128bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure …
