Examlex
List three of the basic functions of business networks and briefly describe what each function provides.
Independent Contractor
An individual or entity contracted to perform work for another entity as a non-employee, typically responsible for paying their own taxes and benefits.
Board of Directors
A group of individuals elected by shareholders to oversee the management and make key decisions for a corporation.
Liability
Refers to legal responsibility for one's actions or omissions, typically resulting in the obligation to pay damages or compensation.
Authorized
Officially given permission or power to do something or to act in a certain capacity.
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