Examlex
The definition of related parties relies on three key terms.These are:
Information Sharing
The exchange of data, knowledge, or information among individuals, teams, or organizations.
Decision Making
The cognitive process of selecting a course of action from among multiple alternatives, based on criteria and desired outcomes.
Clash of Personalities
A situation where differences in individual traits and preferences lead to disagreements or conflict between people.
Teleconference
A meeting conducted over the telephone or through a digital platform that allows participants to communicate at a distance.
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