Examlex
List the advantages and disadvantages of forming a general corporation.
Notify the Third Party
The act of informing someone not directly involved in a transaction or agreement about relevant information or developments.
Disclosed Principal
A principal whose identity is known by the third party at the time a contract is entered into with the agent acting on behalf of the principal.
Signs the Contract
The act of agreeing to a contract's terms and legally binding oneself by signing a document.
Nondelegable Duty
An obligation or duty that cannot be transferred to another party and must be performed by the individual or entity originally charged with it.
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