Examlex
It is not necessary for a channel strategy to keep pace with changing customer needs and market conditions.
Work Product
Documents and materials developed by attorneys or their agents in preparation for legal proceedings, which are generally protected from discovery.
Proper Business Purpose
A proper business purpose is a motive or reason for conducting business activities that is legal, ethical, and within the bounds of corporate governance standards.
Restatement Test
A guideline used in legal contexts to determine the interpretation or application of laws, often referencing the Restatements of the Law—a series of treatises on various legal subjects.
Liability for Negligence
Legal responsibility for harm caused by failing to act as a reasonable person would, resulting in damage or injury to another.
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