LITIGATION Definition

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LITIGATION is legal proceeding in a court; a judicial contest to determine and enforce legal rights.

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COMPANY is an organized group of people to perform an activity, business or industrial enterprise.

INVESTMENT CENTER is the responsibility center within an organization that has control over revenue, cost, and investment funds. It is a profit center whose performance is evaluated on the basis of the return earned on invested capital, e.g. corporate headquarters or a division of a large decentralized organization.

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