Examlex
Which of the following statements regarding organizational vision is false?
Reasonable Belief
A person's honest conviction or acceptance that a fact or condition is true, based on factual evidence or credible information.
Authority of the Principal
The legal right or power given to an agent to act on behalf of a principal in business transactions.
Estoppel
A legal principle that prevents a person from arguing something contrary to a claim or a fact that has been previously established as the truth.
Apparent Authority
A form of authority that a third party reasonably believes an agent has due to the actions of the principal, even if the agent does not have actual authority.
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