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How can value-chain analysis help identify a company's strengths and weaknesses?
Exculpatory Clause
An exculpatory clause is a contract provision that absolves one party from liability for harm or damages incurred by the other party.
Liability Clause
A provision in a contract that outlines the responsibilities and liabilities of each party involved in the agreement.
Agent's Clause
A provision in a contract specifying the authority and scope of the relationship between an agent and the principal they represent.
Apparent Authority
The appearance or assumption of authority based on the actions or statements of a principal, leading others to believe a person has the right to act on the principal’s behalf.
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