Standardization

• A standard language is a single text that can be found in various standard documents such as contracts.

• Cloud computing is the provision of various services over the Internet, including data storage, servers, databases, networks, and software.

• Medium-sized businesses make up about one-third of the US economy.

• The 10-K wrapper is part of a larger annual performance document required by the SEC.

• Form SEC 10-Q is a comprehensive statement of financial results filed quarterly by all public companies with the Securities and Exchange Commission.

• The 2,000 investor limit or rule is a key threshold for private businesses that are unwilling to disclose financial information for public consumption.

• The 500 shareholder threshold was a rule set by the SEC that required companies to publicly disclose financial statements and other information if they reached 500 or more individual shareholders.

• The US Securities and Exchange Commission requires companies to file a Form 8-K to report significant shareholder related events.

• The Acceptable Quality Level (AQL) is the worst quality level allowed for a product.

• Litigation is the process by which the judge of the court resolves disputes between two parties.

• An affiliate is a company in which a minority stake is owned by a larger company.

• The agency theory attempts to explain and resolve disputes about the respective priorities between principals and their agents.

• Annual General Meeting (AGM) – the annual meeting of the interested shareholders of the company.

• Efforts to combat money laundering (AML) aim to make it more difficult to hide the proceeds of crime.

• A pre-emptive breach or repudiation of a contract precedes a failure by one of the parties to fulfill its contractual obligations to the other party.

• Courts of Appeal hear and consider appeals in cases that have already been heard and decided in the lower courts.

• Evaluation costs are the fees a company pays for discovering defects in its products before they are delivered to customers; they are a form of quality control.

• Arbitration is not the same as filing an investor complaint.

• The articles of association can be seen as a user manual for the company, defining its purpose and outlining the methodology for carrying out the necessary day-to-day tasks.

• Assembly to order (ATO) is a business strategy in which products are quickly produced from components after order confirmation.

A cession is a transfer of rights or property from one person to another.#

• Assortment strategy is a strategic sales tool for the retail industry, optimizing the range of products offered for sale.

• An actual attorney is a person who is assigned to act on behalf of another person in business, financial or personal matters.

• Attrition occurs when the workforce in a company is reduced as people leave and are not replaced.

• A bail signed by the guarantors is paid by the defendant instead of the full payment of the bail established by the court.