Examlex
The international division structure is rarely used in international marketing today.
Default
The failure to fulfill an obligation, especially the failure to make payments on a loan.
Treasurer
An officer in an organization responsible for managing the organization's financial affairs, including the custody and disbursement of funds.
Obligation
A legal or moral duty to do something or refrain from doing something.
Liable
Legally responsible for something, usually resulting in a requirement to compensate for harm or damage caused.
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