Planning and Deciding Share Many Common Features

question 2

True/False

Planning and deciding share many common features

---

Definitions:

Agency Contract

A legal agreement where one party, the agent, agrees to act on behalf of another, the principal, in business dealings.

Duty of Obedience

The requirement for directors and officers of an organization to act in accordance with its governing documents and decisions made by its governing body.

Enters into Contract

The act of agreeing to the terms and conditions of a contract, thereby creating a legally binding agreement between two or more parties.

Clear Instructions

Explicit and unambiguous directions provided to carry out a task or procedure efficiently and effectively.