Examlex
All of the following are reasons why operational systems are not appropriate for business analysis except:
Contractual Obligations
Responsibilities, duties, or promises that are legally binding, as outlined in a contract between parties.
Limited Personal Liability
A legal principle whereby an individual's responsibility for business debts and obligations is restricted, typically in the context of limited liability companies or corporations.
Partnership Creditors
Individuals or entities to whom a partnership owes money or has financial obligations.
Ratify
The act of formally approving a contract or agreement, making it officially valid and enforceable.
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