Examlex
The best environment for individual-based pay-for-performance plans is with jobs with minimal autonomy.
Multinational Enterprise
A company that owns or controls production or service facilities in one or more countries other than its home country.
National Borders
The defined lines that distinguish the geographic boundaries of sovereign nations.
Force Majeure Clause
A contractual provision that relieves the parties from fulfilling their obligations when certain circumstances beyond their control occur, making performance inadvisable, commercially impracticable, illegal, or impossible.
Unforeseeable Occurrence
An event that cannot be predicted and is beyond the control of the parties involved, oftentimes relieving them from contractual obligations due to impossibility.
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