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If performance pressures increase too much,individuals begin to see their peers as competitors and short-term results become important,which can create unethical behaviors.
Common Law
A legal system based on judicial decisions and precedents rather than statutory laws.
Express Terms
Specific conditions and clauses explicitly stated in a contract or agreement, leaving no room for interpretation.
Contractual Parties
Contractual parties are the individuals or entities that enter into a contract with each other, agreeing to specified terms and obligations.
Implied Warranties
Legal assurances that are not expressly stated but are assumed in transactions, ensuring that products and services are fit for their intended use.
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