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A comprehensive approach to compensating and rewarding employees is frequently referred to as:
Legal Duty
An obligation imposed by law on individuals or entities, requiring them to conform to a standard of conduct for the protection of others against unreasonable risks.
Statute of Limitations
Legislation stipulating the longest period following an occurrence in which legal action can be started.
Legal Claim
is a right to seek a remedy or relief in a legal action due to the infringement of one's legal rights.
Forbearance to Sue
An agreement between a creditor and a debtor in which the creditor agrees not to sue the debtor for a specified period of time.
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