Learn about internal claims—legal demands against a company's assets, not the owners'. Explore how they work, their benefits, ...

An assignment refers to transferring rights or property. Learn how assignments work in options contracts and see examples of assignments in mortgages, wages, and leases.

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

A business transaction is an event involving an interchange of goods, money or services between two or more parties. The transaction can be as brief as a cash purchase or as long-lasting as a service ...

Skilled labor is a broad category that includes all jobs that require some level of professional training, certification, education, or specialized know-how. What does “skilled labor” mean? Skilled vs ...

A chart of accounts helps organize your business’s transactions to reveal where money is coming from and going to. Many, or all, of the products featured on this page are from our advertising partners ...