Examlex
Which of the following is correct?
Environmental Regulations
Laws and rules governing how businesses can interact with the environment, aimed at reducing pollution and protecting natural resources.
Law of Agency
A legal principle governing the relationship between a principal and their agent, where the agent is authorized to act on behalf of the principal in contractual or business transactions.
Apparent Authority
A situation where a person appears to have the authority to act on behalf of an organization, leading others to reasonably believe they have such power.
Implied Authority
The power assumed by a person that is reasonably necessary to carry out his or her expressed powers.
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