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Match the Most Appropriate Term to the Definition

question 24

Multiple Choice

Match the most appropriate term to the definition.
-Required before agency action can be challenged in court


Definitions:

Default

The failure to perform a legal duty or fulfill an obligation, such as not making scheduled loan payments.

Employ Employees

The act of hiring individuals to perform services or tasks for compensation.

Partnership Business

An officially recognized form of enterprise undertaken by two or more participants, who equally manage the business and its profits.

Agent

A person authorized to act on behalf of another, often in business transactions.

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