Examlex
Organizational commitment is the extent to which an employee identifies with his or her job, actively participates in it, and considers his or her performance important to his or her feelings of self- esteem.
Limited Liability
Limited Liability is a legal structure that limits the amount of financial risk and liability to the amounts invested in a company, protecting personal assets of the owners from business debts.
Binding Legal Contracts
Agreements that are enforceable by law, typically requiring offer, acceptance, and consideration.
Legal Contracts
Agreements between two or more parties that create mutual legal obligations and are enforceable by law.
Legal Suits
Formal legal actions taken by one party against another in court, often involving disputes or claims requiring resolution.
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