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Social software can enhance communication within organizations as well as between an organization and its stakeholders.
Guarantee
A formal assurance, typically by one party to another, that certain conditions will be fulfilled, including quality, performance, or durability of a product or service.
Primary Obligation
The fundamental duty or liability that a party is required to fulfill under a contract.
Indemnity
A contractual agreement between parties where one agrees to compensate the other for any loss or damage incurred.
Guarantee
A formal pledge or assurance that certain conditions or obligations will be fulfilled, often serving as security in transactions.
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