Fill in the correct labels for the following figure using the word bank below.
-A __________
Definitions:
Breaches
Instances of violation or non-compliance with laws, regulations, contracts, or standards.
Agency Agreement
A contract between two parties where one (the agent) agrees to represent or act on behalf of the other (the principal) in business dealings.
Avoid
To keep away from or refrain from engaging in something, often due to potential risks or negative outcomes.
Equal Dignity Rule
A rule requiring that an agent’s authority be in writing if the contract to be made on behalf of the principal must be in writing.
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