Private Security Services May Be a Mixture of Proprietary and Contract

question 8

True/False

Private security services may be a mixture of proprietary and contract services,also know as a hybrid system.

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Definitions:

Principal

The primary party involved in a transaction or contract, or the amount of money originally invested or loaned, before interest.

Agent

An individual or entity authorized to act on behalf of another (the principal) in legal or business matters.

Manifestations

Manifestations refer to displays or expressions of an act, event, or condition, revealing the presence or existence of something.

Reasonable Understanding

A standard determining what a typical person would comprehend in a given set of circumstances.