Examlex
What are the three types of authority?
Entrusted
Pertains to the act of giving someone the responsibility to take care of something or to carry out a task or duty.
Subcontractor
An individual or business that signs a contract to perform part or all of the obligations of another's contract.
Unsecured Credit
A type of loan or credit that is not backed by collateral, meaning the lender relies on the borrower's creditworthiness and promise to repay.
Lowest Risk
Involves choosing an option that minimizes potential hazards or losses.
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