Examlex
A straightforward example of a _______ , often used for simplicity, is the interest rate.
Implied Authority
Authority of an agent that is not expressly granted but assumed to be provided due to the nature of the agent's work or position.
Apparent Authority
Refers to a situation where a third party correctly believes that an agent has the power to act on behalf of a principal, even if the agent does not have the actual authority.
Capital Contributed
The amount of money or assets that owners, partners, or shareholders have invested in a company or partnership.
Partnerships
A business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Deed.
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