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Charles uses a picture of links in a chain to represent the value of teamwork and working together at his office. He has this image on the walls, on the company logo, in marketing materials, and other highly visible places throughout his company. This chain image is an example of a ______.
Promisee
The individual or entity to whom a promise is made and who stands to benefit from the fulfillment of that promise.
Creditor Beneficiary
An individual or entity that benefits from a contract made between two other parties because of a debt owed to them.
Breach of Contract
The failure to perform any term of a contract, written or oral, without a legitimate legal excuse.
Resident
An individual who lives in a particular place or who has established domicile within a specific area or jurisdiction.
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