Examlex
Which of the following is NOT a strategy for coping with uncertainty?
Continuous Life
A characteristic of corporations where the company’s existence is not affected by changes in ownership or management, ensuring perpetual continuity.
Limited Liability
Limited Liability is a legal structure that limits the amount of financial risk and liability to the amounts invested in a company, protecting personal assets of the owners from business debts.
Binding Legal Contracts
Agreements that are enforceable by law, typically requiring offer, acceptance, and consideration.
Legal Contracts
Agreements between two or more parties that create mutual legal obligations and are enforceable by law.
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