Examlex
____________________ refers to the likelihood that a company will be able to pay its current obligations as they come due.
Statute of Frauds
A legal doctrine requiring certain types of contracts, such as for the sale of land or goods over a certain value, to be in writing to be enforceable.
Respondeat Superior
A legal doctrine holding employers liable for wrongful acts committed by employees while performing their job duties.
Independent Contractor
A person or entity contracted to perform work for another entity as a non-employee, responsible for their own taxes and benefits.
Tortious Actions
Wrongful acts that cause harm or loss to another, leading to civil legal liability.
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