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The "Rosenthal effect" occurs when
Subagent
An agent appointed by another agent to perform tasks or duties on behalf of the original agent's principal.
Authorized Transaction
A financial operation that has been approved or permitted by the relevant authorities or parties involved.
Estoppel
A legal principle that prevents someone from arguing something contrary to a claim they have previously made or accepted by their actions.
Apparent Authority
A situation where a reasonably prudent person would understand that an agent had the authority to act, even if the agent didn't have actual authority.
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