Examlex
A clerk prepares a monthly report comparing the actual phone bill with the expected phone costs. This activity would be classified as
Partnership
A legitimate business arrangement where two or more partners share both management responsibilities and profits.
Simple Negligence
A legal concept indicating a failure to act with the prudence that a reasonable person would exercise under the same circumstances.
Conducting Business
The act of engaging in activities, operations, or transactions that relate to the buying or selling of goods or services.
Misconduct
Improper or unlawful behavior by a person in a professional or official capacity.
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