Examlex
Marco is generally satisfied with the performance of his staff as a whole. Overall, deadlines and goals were met but not exceeded. Some individuals may have contributed more or less to the success of the department. But when completing their performance evaluations, he rates all of them as about average. This is an error of central tendency.
Equal Dignity Rule
A rule requiring that an agent’s authority be in writing if the contract to be made on behalf of the principal must be in writing.
Good Faith
An honest intention to act without taking an unfair advantage over another party, typically in the context of contracts or negotiations.
Chief Executive Officer
The highest-ranking officer in a company or organization, who is responsible for making major corporate decisions.
Independent Contractor
An individual or entity contracted to perform work for another entity as a non-employee, typically responsible for paying their own taxes and benefits.
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