Asked by Ninh Thi Thuy Trang on May 12, 2024
Verified
Legal auditing refers to settling legal disputes outside of court.
Legal Auditing
A comprehensive review and assessment of an organization’s adherence to legal requirements and regulations.
Legal Disputes
Conflicts that involve a disagreement over the interpretation or enforcement of laws, often resolved in court or through legal processes.
- Understand the importance of campaign finance and associated legal concerns within corporate governance.
Verified Answer
KL
K’Lee LopezMay 13, 2024
Final Answer :
False
Explanation :
Legal auditing is a process of reviewing a company's legal compliance, governance practices, and internal controls to ensure that it is complying with the law and managing legal risks effectively. Settling legal disputes outside of court is usually referred to as alternative dispute resolution, such as mediation or arbitration.
Learning Objectives
- Understand the importance of campaign finance and associated legal concerns within corporate governance.