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How has Nike pursued an effective combination strategy?
Oral Agreement
An unwritten contract where the terms have been agreed upon verbally rather than in writing, yet can still be legally binding under certain conditions.
Enforceable
Capable of being imposed or carried out by legal process or authority, often referring to contracts or agreements.
Executor
An individual appointed in a will to administer the estate of the deceased, ensuring that their wishes are carried out.
Personal Debt
Money that is owed by an individual, as opposed to debts owed by corporations or governments.
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