Examlex
How does the role of a market manager differ from that of a category manager?
Agency Relationship
A legal arrangement in which one party (the agent) acts on behalf of another party (the principal).
Agent's Acts
Refers to the actions performed by an individual (the agent) on behalf of another person or entity (the principal) with the principal's consent.
Voluntary Consent
Consent freely given without coercion, where the individual fully understands what they are agreeing to.
Consideration
In contract law, it's the value that is exchanged between parties in a contract, making the agreement legally binding.
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