Examlex
Many contemporary organizations use trait-based assessment centres to measure leadership traits when making hiring and promotion decisions.
Dual Capacity
Refers to a situation where an entity or person functions in more than one role or capacity, often leading to different sets of responsibilities and rights.
Principals
The main parties involved in a business transaction or agreement, usually responsible for entering into a contract.
Agent
An individual or entity authorized to act on behalf of another (the principal) in transactions or other matters.
Duty Of Obedience
The requirement for directors and officers of an organization to act in accordance with its goals and directives.
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