Examlex
The business strategy a company uses can impact all of the following in regard to its compensation system EXCEPT:
Implied-in-fact Contract
is an agreement derived from the actions, conduct, or circumstances of the parties involved, rather than from explicit written or spoken terms.
Negotiable Instrument
An official document that assures the payment of a fixed sum of money, payable either on demand or at a designated time, with the document bearing the name of the person obligated to pay.
Letter of Credit
A financial document issued by a bank that guarantees a buyer's payment to a seller within a specified timeframe.
Certificate of Deposit
A time-bound deposit held at a bank or financial institution that offers a fixed rate of interest.
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