Examlex
In a leadership sense, there is a link between power and leaders - what best describes the power by way of the capacity or potential to influence of leaders?
Promissory Estoppel
A legal principle that prevents a party from going back on a promise, even if it was not formally agreed to in a contract, if someone else has relied on that promise to their detriment.
Tort of Deceit
A legal cause of action that arises when one party intentionally lies or misrepresents a material fact with the intent to deceive another, causing harm.
Guarantor
An individual or entity that agrees to be responsible for another's debt or performance under a contract, should the primary party fail to meet its obligations.
Principal Debtor
The main individual or entity responsible for repaying a debt or obligation.
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