The assigning of certain tasks, such as production or accounting, to an outside company or organization is called outsourcing
Indicate whether the statement is true or false
TRUE
Explanation: In order to cut costs or enhance quality, firms may contract with outside resources. This is outsourcing.
Business
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Henry willed his property in trust with the beneficiaries to be all future heirs of his body. His action is prohibited by
A. the statute of limitations. B. the rule against perpetuities. C. laches. D. the recording statutes.
Business
Certain defaults, unfortunately, happen quite often and so they are planned for and consequences outlined in the contract. An example is the earnest money deposit. This is:
(a) Pur autre' vie (b) Liquidated damages (c) Hypothecation (d) Subrogated damages
Business