Created by: VStone
Number of Blossarys: 2
- English (EN)
- French (FR)
- Spanish, Latin American (XL)
- Dutch (NL)
- Indonesian (ID)
- Romanian (RO)
- Italian (IT)
Absolute liability is the legal responsibility for damages, or injury, even if the person found strictly liable was not at fault or negligent.
Fair price range to determine if a transaction between to related companies is made at an acceptable price.
According to this principle, prices for transactions between related companies must be established based on the prices determined by independant companies.
It's a certificate that states, when someone is working abroad, that this person is still subjected to legislation of his country of origin.
Providing training in several different areas or functions. This provides backup workers when the primary worker is unavailable.
Typically a one-off lump sum payment to compensate for the general upheaval and incidental expenses associated with moving because of the job.