Examlex
Quality circles emphasized
Personally Liable
Being directly responsible for the fulfillment of an obligation or the compensation of a loss, often in a personal capacity rather than corporate.
Wrongful Acts
Actions that are illegal or immoral, causing harm or damage to others.
Limited Liability Company
A type of business structure where owners have limited personal liability for the debts and actions of the company.
Legal Person
An individual or organization that has legal rights and obligations, capable of entering into legal contracts, and can sue or be sued.
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