Examlex
The manager of a multinational corporation in the United States thinks that following U.S.management practices is best for its operations in New Zealand because U.S.management practices are better than the management practices prevalent in New Zealand.This manager is said to have a(n) ________.
Professional Insurance
Insurance coverage designed to protect professionals from liability claims resulting from their business activities, such as errors, omissions, or neglect.
Malpractice Insurance
A type of professional liability insurance that provides coverage to healthcare professionals for claims arising from allegations of medical errors or negligence.
Existing Risk
Refers to the current risks involved in a situation or transaction, especially those that have already been identified or assessed.
Valid Contract
A legally binding agreement that meets all required elements, including offer, acceptance, consideration, and mutual consent.
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