Examlex
Team bonuses tend to increase employee jealousies and complaints over individual standards.
Duties Under Tort Law
Obligations recognized by law for individuals or entities to avoid causing harm or injury to others, breach of which may result in liability.
Agent
A person authorized to act on behalf of another, known as the principal, in business transactions or legal matters.
Principal
The main party to a transaction or contract who has authorized another party (agent) to act on their behalf.
Duty Of Obedience
The requirement for directors, officers, and agents of a corporation to act within the scope of their authority and in the best interest of the corporation.
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