Examlex
If George's region increases their sales by 15% over the next 12 months, he and his staff will each receive a profit sharing bonus equivalent to 1% of the new sales they generate. This is an example of:
Citizens
Individuals legally recognized as members of a state or country, entitled to rights and subject to its laws.
Exclusive Jurisdiction
The sole authority of a particular court to hear and decide on cases within a specific area of law or geographic location, barring other courts from involvement.
Bankruptcy
Bankruptcy is a legal status for individuals or corporations that cannot repay the debts owed to creditors, leading to a court-supervised process of asset liquidation or reorganization to settle the debts.
Divorce
The legal dissolution of a marriage by a court or other competent body.
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