Examlex
Why are the financial statements of multi-unit organizations more difficult to audit?
Constructive Trust
An equitable trust that is imposed in the interests of fairness and justice when someone wrongfully holds legal title to property.
Indemnification
A legal obligation to compensate for loss, damage, or liability incurred by another party.
Breach
The violation or breaking of a law, duty, or contractual obligation.
Specific Performance
A legal remedy in contracts law requiring a party to perform their obligations under a contract, rather than paying damages for breach.
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