Examlex
Sales through credit cards or debit cards transfer the risk of collection of receivables from the seller to the card issuer.
Moral Hazard
The situation where one party engages in risky behavior because they know another party bears the consequences of that risk.
Pay Them In Advance
The act of settling a payment for goods, services, or work before they have been delivered or completed.
Employer-Worker Relationship
The professional and legal dynamics between employers and their employees, encompassing aspects of rights, duties, and workplace culture.
Principal
The original sum of money borrowed in a loan, or the initial amount of investment, excluding any interest or profits.
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