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By Using Virtual Teams, Organizations Can Assign the Right Person

question 4

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By using virtual teams, organizations can assign the right person to the job, regardless of where they live.


Definitions:

Interpreting Contracts

The process of determining the legal obligations and rights arising from the terms of a contract.

Proper Consideration

Adequate value or compensation exchanged between parties in a contract, which is necessary for the agreement to be legally binding.

Debt

Money owed by one party, the borrower, to another, the lender; typically involving repayment terms and sometimes interest.

Written Contract

An agreement between parties that is documented in a written form and signed by the parties involved.

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