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Component: SAP-LEGAL
Component Name: Global Field Legal
Description: A location that defines the boundary of SAP's legal responsibility for Cloud Services
Key Concepts: Point of demarcation is a term used in SAP-LEGAL Global Field Legal Compliance to refer to the point at which a company’s legal obligations begin and end. It is used to define the scope of a company’s legal responsibilities and to ensure that all legal requirements are met. How to use it: Point of demarcation is used to identify the areas of responsibility for a company’s legal compliance. It is important to understand the point of demarcation in order to ensure that all legal requirements are met and that any potential risks are identified and addressed. Tips & Tricks: When defining the point of demarcation, it is important to consider all potential risks and liabilities associated with the company’s operations. It is also important to ensure that all relevant laws and regulations are taken into account when defining the point of demarcation. Related Information: The point of demarcation is closely related to other concepts such as risk management, compliance management, and corporate governance. Understanding these concepts can help companies ensure that they are meeting their legal obligations and managing their risks effectively.