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What is the contractual significance of having high limits of legal liability coverage in the HO contract?
Ethical Conduct
Ethical conduct involves behavior that adheres to accepted standards of integrity, honesty, and fairness in professional and personal actions.
Capabilities
Refers to the skills, techniques, and resources that a company or individual possesses, which enable them to perform effectively in their endeavors.
Foreign Corrupt Practices Act
A U.S. law aimed at preventing American businesses from bribing foreign officials to secure or maintain business.
Facilitation Payments
Payments made to speed up the actions that government officials are already bound to perform.
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