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The operational principle behind factoring a project into phases and tasks is
Liable
Legally responsible or obligated.
Professional Shareholders
Investors who hold a significant amount of shares in a company and often have a substantial influence on the company's management and decisions.
Personally Liable
means an individual is legally obligated to pay a debt or damages out of their own assets.
Obligations
Obligations are legal or moral duties that a person or entity is required to fulfill, including contractual commitments or the requirement to compensate for harm caused by one's actions.
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