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Ziff Tech Inc.,a technological firm,funds Tictoe Corp.,a computer processor designing company,with five percent of its annual revenue.Which of the following best describes the alliance between Ziff Tech and Tictoe Corp.?
Confidential Client Lists
Lists that contain private information about clients, protected to maintain confidentiality and competitive advantage.
Financial Information
Data regarding the economic activities and condition of an individual or organization, including income, expenses, assets, and liabilities.
Responsible Corporate Officer Doctrine
The Responsible Corporate Officer Doctrine is a principle that holds corporate executives and officers liable for the illegal actions of the corporation, even without direct involvement, if they had power to prevent the misconduct.
Strict Liability
A legal principle that holds an individual or entity responsible for damages or losses, regardless of fault or intention, often applied in product liability cases.
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