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CASE: Your neighbor is using her computer to buy gifts for her teenage son. There is only one family computer and she wants to keep the gifts a surprise. She seeks out your help.
Agents And Principals
A relationship in which one party (the agent) is authorized to act on behalf of another (the principal) in dealings with third parties.
Appointment Of An Agent
The act of designating a person or entity to act on behalf of another, granting them authority to make decisions or perform tasks.
Voidable Contracts
are agreements that may appear legally binding, but can be declared invalid by one of the parties due to factors like misrepresentation, coercion, or lack of capacity.
Duty Of Obedience
The requirement for organizational leaders to act in accordance with the organization's goals, policies, and legal obligations.
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