Whois & Analysis for bva-auctions.com

Bankruptcy is a legal status of a person or other entity that cannot repay the debts it owes to creditors.

In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.

In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.

A common distinction is made between goods that are tangible property, and services, which are non-physical.

A good is a consumable item that is useful to people but scarce in relation to its demand, so that human effort is required to obtain it.

In contrast, free goods, such as air, are naturally in abundant supply and need no conscious effort to obtain them.

A company, abbreviated co., is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise.

Company members share a common purpose and unite in order to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals.

Companies take various forms such as:

Personal property is generally considered property that is movable, as opposed to real property or real estate.

In common law systems, personal property may also be called chattels or personalty.

In civil law systems, personal property is often called movable property or movables – any property that can be moved from one location to another.

This term is in distinction with immovable property or immovables, such as land and buildings.

Movable property on land, for example, larger livestock, was not automatically sold with the land.

In contrast, wildlife and smaller livestock like chickens were often sold as part of the land.

In fact the word cattle is the Old Norman variant of Old French chatel (derived from Latin capitalis, “of the head”), which was once synonymous with general movable personal property.