Examlex
Which of the following statements is correct concerning hypnosis?
Agent's Authority
Refers to the powers granted to an agent by the principal, enabling the agent to act on behalf of the principal in legal or business matters.
Apparent Authority
A situation where a reasonable third party would understand that an agent had the authority to act, even if the agent did not have such authority.
Principal
The original sum of money borrowed in a loan, or the amount of the investment, excluding any interest or profit.
Torts
A body of law focusing on civil wrongs that cause harm or loss, leading to legal liability and a requirement to pay damages.
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