Examlex
Explain why contract laws can represent a country risk arising from the host-country legal environment, and explain the three approaches firms typically employ to settle international contractual disputes.
Stated Corporate Value
The value of a corporation as listed in its corporate documents or financial statements, often used in legal and financial contexts.
Liability
Liability refers to the legal responsibility for one's actions or failings, which can result in the obligation to compensate for harm caused or to fulfill a contractual agreement.
Self-Dealing
Any instance in which directors or officers make decisions that violate their corporate duty of loyalty.
Penalty
A punishment imposed for breaking a law, rule, or contract which often involves paying a fine or undergoing some form of restraint.
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