Examlex
Which of the following is an example of formal management controls?
Performance
The act of fulfilling the requirements as stipulated in a contract or agreement.
Obligor
An individual or entity that is legally bound to fulfill an obligation, such as making a payment or performing a service, under a contract.
Notice
Formal information or warning given to a person or public about an event, decision, or action.
Assignment Valid
Refers to the legal transfer of one party's rights and benefits under a contract to another party, recognized as legitimate and binding.
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