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Carol Zelner, the manager of a small event management company, is known for her efficiency. She provides the team with clearly defined tasks, guidelines, and directives. Further, she is always available to provide feedback or resolve troubles. Recently, with Carol on leave for about three weeks, the team had a lot of problems. The team members lacked the requisite information on client details, locations, and budgets and had to repeatedly cross-check with each other or the clients. Which of the following, if true, would best explain the problems faced by Carol's team currently?
Universal Defense
A defense that is valid against all holders of a negotiable instrument, including holders in due course (HDCs) and holders with the rights of HDCs. Universal defenses are also called real defenses.
Personal Defense
Legal defenses that a defendant may use in a court of law to challenge the validity of a claim based on personal circumstances or conditions.
Agency Status
The condition of being an agent who is legally authorized to act on behalf of another person or entity, often subjected to specific responsibilities and liabilities.
Negotiable Instruments
Legal documents guaranteeing the payment of a specific amount of money, either on demand or at a set time, and which can be transferred by endorsement or delivery.
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