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While discussing GM torque converters: Technician A says the TCC assembly allows for a mechanical link between the impeller and the turbine. Technician B says this is true during all gear ranges except Park, Reverse, Neutral, and Drive Range-First Gear. Who is correct?
Apparent Authority
A legal doctrine allowing a third party to rely on the representation of an agent that they have the authority to act on behalf of a principal, even if the agent lacks actual authority.
Actual Authority
The explicit power granted by a principal to an agent to conduct specific transactions or activities on the principal's behalf.
Price Fixing
An illegal agreement among competitors to set, raise, or stabilize prices or competitive terms.
Criminally Liable
The legal responsibility one holds for committing a crime, subjecting them to criminal prosecution and penalties.
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