Examlex
Using the table below determine the value for the blank.
Principal
The primary party to a transaction, such as a contract or financial instrument, who has the rights and responsibilities directly related to it.
Agent
An individual authorized to act on behalf of another person or entity, often in a business setting.
Liability
A legal obligation or debt that an entity is bound to fulfill towards another party.
Employer's Liability
Legal responsibility of an employer for injuries, illnesses, or damages suffered by employees as a result of their employment.
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