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question 43

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Fill in the Blank(s)
-__________risk is a long-term, perhaps irreversible, risk that may occur as a company loses the knowledge it once had related to its core activities.


Definitions:

Court System

The organized structure of courts within a jurisdiction, designed to administer justice through the interpretation and application of laws.

Jurisdiction

The authority given to a legal body like a court to hear and make judgments in legal disputes.

Subject Matter

Refers to the content, topic, or area of interest that is being discussed, studied, or addressed.

Stare Decisis

A judicial doctrine requiring courts to adhere to precedents set by previous rulings in deciding similar present or upcoming cases.

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