Examlex
What is a regional jail, and how does it differ from other jail models?
Apparent Authority
Apparent authority refers to a situation where a third party reasonably believes that an agent has the authority to act on behalf of another (the principal), even if such authority has not been explicitly or implicitly granted.
Silent Partners
Investors in a partnership who contribute capital but do not take part in the management and are not known to the public.
Duty to Serve
An obligation to provide service, often seen within certain professions or regulated industries.
Day-to-Day Operations
The routine activities necessary for the functional and efficient conduct of a business or organization.
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