Examlex
Which of the following statements it NOT true about the figure shown above?
Minor
A minor is a person who is under the age of legal majority, and thus is considered incapable of certain legal decisions and responsibilities.
Sole Proprietors
Individuals who own an unincorporated business by themselves, assuming complete responsibility for the business’s assets and liabilities.
Subagents
Agents appointed by another agent with the primary agent's permission and acting on behalf of the original client within the scope of the delegated authority.
Two-party Relationship
A contractual or legal relationship involving exactly two parties, often referring to agreements, negotiations, or transactions.
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