Because Nations Use Different ____________And Rules in Their Daily Business

question 7

Short Answer

Because nations use different ____________and rules in their daily business operations,sometimes records within one company are incompatible.

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Definitions:

Legal Obligation

A duty enforced by law whereby an individual or entity is required to perform or refrain from performing a certain action.

Consideration

In legal terms, it's something of value exchanged between parties in a contract, making the agreement binding.

Illusory Promise

A statement or promise that appears to assure a commitment but, upon closer inspection, lacks the necessary binding effect to be considered legally enforceable.

Breach Of Contract

A situation where one party fails to fulfill their obligations under a contract.