Examlex
____________________ is a conflict-resolution procedure in which a third party proposes a nonbinding resolution to disputants.
Principal's Right To Control
The legal right of a principal to dictate the actions and decisions of an agent acting on the principal's behalf.
Agent
A person or entity authorized to act on behalf of another person or entity, known as the principal, in business transactions or legal matters.
Employment
An agreement between an employer and an employee where the employee provides labor or services on a regular basis in exchange for compensation.
Principal
A principal can refer to the amount of money being borrowed or the party managing a group, depending on the context.
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