Examlex
Problem recognition occurs when we
Agency by Ratification
The process where a principal approves and legitimizes the unauthorized acts done by an agent on their behalf, thereby giving these actions full legal effect.
Liability
Legal responsibility for one's actions or omissions, which may result in the obligation to pay damages or perform specific actions.
Instructions
Directions or orders given by one party to another, especially in the context of executing a task or procedure.
Purchase Price
The amount of money paid to buy a product or service.
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