Examlex
What is the term for the process of concentrating on one limited aspect of a stimulus and ignoring other aspects?
Punitive Fines
Financial penalties imposed by a court, not to compensate the plaintiff, but to punish the defendant and deter future misconduct.
Ultramares Doctrine
A legal principle that limits the liability of auditors to third parties, based on the notion that auditors should only be held liable for fraud or gross negligence.
Recent Years
Refers to the period encompassing the last few years leading up to the current date, typically indicating a focus on contemporary or near-past events or trends.
Contractual Obligation
A contractual obligation is a legal duty derived from a contract, requiring a party to perform or refrain from performing certain actions.
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