Examlex
Because private schools are exempt from many federal regulations that govern public education, they are more equipped to meet the needs of diverse student populations.
Agents
Individuals or entities authorized to act on behalf of others in transactions or legal matters.
Undisclosed Principal
A situation in contract law where an agent acts on behalf of a principal, but the identity of the principal is not revealed to the third party.
Personal Liability
An individual's legal responsibility to satisfy debts or obligations from personal assets, not just those tied to a particular venture or entity.
Scope of Authority
The range or extent of power that an individual or organization legally has to perform actions or make decisions.
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