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A major disadvantage to network organizational structures is that management ____________.
Loan Agreement
A legally binding contract between a borrower and a lender detailing the terms and conditions under which the loan is provided.
Guarantees
Written assurances that certain conditions will be fulfilled, often relating to the quality, durability, or performance of a product or service.
Breach of Contract
Occurs when one party fails to fulfill their obligations under the contract, allowing the other party to seek legal remedies.
Bankruptcy
The process by which an insolvent person voluntarily or involuntarily transfers assets to a trustee for distribution to creditors.
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