Examlex
Some studies have shown that the implementation of formal ethical guidelines actually leads to less ethical behavior among employees.
Outdated
Refers to information, technology, or methods that are no longer current or effective due to newer alternatives or advancements.
Formal Contracts
Formal contracts are legally binding agreements that must follow a prescribed format or be executed in a certain manner to be valid, such as being in writing and signed by all parties.
Contracts under Seal
Formal agreements that are validated by a wax seal or its modern equivalent, often denoting a heightened sense of formality and solemnity.
Letters of Credit
Financial instruments issued by a bank guaranteeing a buyer's payment to a seller upon the fulfillment of agreed conditions.
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