Risks Associated with Outsourcing Include Shirking When the Vendor Develops

question 58

True/False

Risks associated with outsourcing include shirking when the vendor develops a strategic application for a client and then uses it for other clients.

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Definitions:

Debt

An obligation or amount of money owed by one party to another, typically as a result of a loan or credit arrangement.

Contracts

Legally enforceable agreements between two or more parties that create mutual obligations.

Assignee

The party to whom rights or properties are transferred in an agreement or by legal means.

Obligor

An obligor is an individual or entity legally obliged to provide a benefit or payment to another under the terms of a contract.