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Matching Key Terms and Descriptions (Each Can Be Used More

question 14

Multiple Choice

Matching Key Terms and Descriptions (each can be used more than once)
-Focuses on the integrity of the moral actor.


Definitions:

Principal

In finance, this term refers to the original sum of money borrowed in a loan, or the amount of the investment itself, excluding any interest or profit.

Agent

A person or entity authorized to act on behalf of another person or entity in contractual or legal matters.

Purporting

Presenting or claiming something to be true, often without offering proof or evidence.

Express Authority

The power granted intentionally to an agent by a principal, often in written form, to perform specific acts on the principal's behalf.

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