Examlex
Managerial decision makers must often consider non-economic factors as well.For example,when considering whether to outsource to another country,in addition to considering the cost of that decision,managerial accountants with an emphasis on sustainability should consider the human capital impact as well.This represents sustainability within a:
Lost Profits
Refers to the income that a business could have earned but was unable to due to some form of disruption or another party's actions.
Misrepresentation
A false statement of fact made by one party to another, which has the effect of inducing that party into a contract.
Law of Restitution
A legal principle aimed at preventing unjust enrichment, requiring a party to return goods or compensation to another from whom they were unjustly received.
Contract Law
A body of law regulating the formation, performance, and enforcement of contracts between parties.
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