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Customer training and customer consulting are two areas for service differentiation that manufacturers can use with their products.
Implied Authority
Authority of an agent that is not expressly granted but rather implied by the actions, situation, or responsibilities given to the agent.
Implied Ratification
The act of accepting or endorsing a previously unauthorized action or agreement through behavior that implies approval, rather than through explicit consent.
Agent's Act
Refers to actions taken by an agent on behalf of a principal, where the agent has the authority to affect the principal's legal position.
Principal's Conduct
Actions or behaviors of a principal (party who has authorized an agent to act on their behalf) that can affect the principal's legal rights and liabilities.
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