Examlex
Canon's desktop copiers and Apple's iPhone are examples of _____________ that are ________ rivalry battles with competitors (Chapter 5 Opening Case) .
Contractual Liability
Liability that arises from entering into a contract, where one party may be obligated to compensate another party for the failure to perform as specified in the contract.
Unidentified Principal
A party in a transaction whose identity is not known to the other party, often in agent-principal relationships.
Disclosed Principal
A disclosed principal is a party whose identity is known by all involved parties at the time a transaction is entered into with an agent.
Undisclosed Principal
is a party in a contractual agreement whose existence and identity are not revealed to the third party at the time of contract formation, often in agency relationships.
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