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When a company faces rapid change, problems with MBO occur.
Historical School
A school of legal thought that looks to the past to determine what the principles of contemporary law should be.
Legal Realism
A school of legal thought that holds that the law is only one factor to be considered when deciding cases and that social and economic circumstances should also be taken into account.
Criminal Statutes
Laws enacted by legislatures that define crimes and set forth punishments.
Society
A community of people living together in a more or less ordered community, often with shared laws, traditions, and values.
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