Examlex
A ________ is an organization that does well in creating, acquiring, and transferring knowledge, and in modifying behavior to reflect new knowledge.
Express Contract
An express contract is a legally binding agreement where the terms are explicitly stated by the parties involved either orally or in writing.
Implied Contract
An agreement created by actions of the parties involved, rather than written or spoken words, which has the same legal force as a written contract.
Executed Contract
A contract in which all parties involved have fulfilled their obligations as outlined in the agreement.
Executory Contract
A contract that has not yet been fully performed.
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