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The "Make" Decision Is Useful When It Is Too Difficult

question 68

True/False

The "make" decision is useful when it is too difficult to predict exactly which skills will be needed in the future.


Definitions:

Trust

A fiduciary relationship in which one party holds legal title to property for the benefit of another.

Express Authority

The power granted to an agent or entity explicitly and clearly by the principal or by law.

Actual Authority

The power granted to an agent by a principal to legally bind the principal in transactions with third parties.

Principals

The parties who are directly involved and have the major interests in a legal transaction or agreement.

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