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According to the Contract Law,promise-Breaking Is Considered as Unethical

question 17

True/False

According to the contract law,promise-breaking is considered as unethical.


Definitions:

LLC

Limited Liability Company, a business structure in the United States that protects its owners from personal responsibility for its debts or liabilities.

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task.

Syndicate

An investment group that comes together for the explicit purpose of financing a specific large project.

Limited Partnership

A business structure where at least one general partner manages the business and is personally liable, while limited partners provide capital but have limited liability.

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