Examlex
_________ communication occurs when employees communicate across departments and levels.
Express Authority
The explicitly given power or permission to act on behalf of another party, particularly in a legal or business context.
Duty Of Loyalty
A duty that states managers must place the corporation’s interests above their own.
Undisclosed Principal
A person, in a transaction conducted by an agent, whose existence and identity are unknown to the third party.
Wholesale Auto Auctions
These are exclusive marketplaces where dealers buy and sell vehicles in bulk, often at lower prices, primarily for resale purposes.
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