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If a college professor implements a grading scale based on tournament theory:
Special Agents
Individuals authorized to conduct specific acts or transactions on behalf of another person or entity, with their authority typically limited to a particular or singular task.
Gratuitous Agents
Individuals who voluntarily act on behalf of someone else without receiving any compensation in return.
Capacity
The legal ability or competency of an individual or entity to enter into binding contracts, including being of legal age and sound mind.
Delegable Obligations
Responsibilities or duties that can be transferred from one party to another, typically within a contract or legal agreement.
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