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Undertaking
A commitment or assurance given by one party to another, often formalized in a legal context.
Principal-Agent
A relationship in which one entity (the agent) is authorized to perform actions or make decisions on behalf of another entity (the principal).
Employer-Independent Contractor
A non-employment relationship where an individual provides services to a business without being an employee.
Agency Laws
Regulations that govern the relationship between an agent, who acts on behalf of another, and the principal, for whom the agent acts.
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