Term for Identification:  Rosa Parks​

question 111

Short Answer

Term for identification:  Rosa Parks​

Allocate resources based on predefined ratios in various scenarios.

Understand the concepts and types of agency relationships.

Recognize the legal implications of an agency relationship and authority types.

Distinguish between employees and agents, and identify the extent of their roles.

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Definitions:

Misrepresented Authority

An instance where someone incorrectly asserts or implies they have the power to act on behalf of another party, potentially leading to binding agreements or legal consequences.

Personal Liability

Personal liability means an individual's legal responsibility to fulfill debts or obligations, which can extend to their personal assets.

Non-existent Corporation

A corporation that either has not been legally established or has been dissolved, thereby lacking legal recognition.

Undisclosed Principal

A situation in a contract where the existence and identity of one party are not revealed to the other party.