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Tuesday, July 26, 2011 12:13:59 PM
A type of transaction whereby a willing seller and a willing buyer who have no conflicts of interest with regard to the transaction make an agreement ...
www.businessdictionary.com/definition/arms-length-price.html
If Honest John is charged and found guilty of fraud he would be permanently barred from service as an officer or director of a public company, and in the event of wrongdoing, court can break corporate veil ref JBII.
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