Examlex
Matteo is taking a psychology course taught by a professor who vigorously adopts a humanistic perspective. Which statement is Matteo likely to hear from his professor during the course of instruction?
Contract
A legal agreement between two or more parties that creates mutual obligations enforceable by law.
Liable
Legally responsible or obligated to someone or something, often used in the context of legal judgments or debts.
Disclosed Principal
A principal whose identity is known to a third party. The third party is aware that the agent is making an agreement on behalf of the principal.
Third Party
An individual or group besides the two primarily involved in a transaction or legal situation, often providing additional services or involvement.
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