Major Distinctions Between a Group and a Team Are the Members

question 38

True/False

Major distinctions between a group and a team are the members' cooperative attitude and level of commitment.

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Definitions:

Contract Authority

A power granted to an individual or entity to enter into legally binding agreements on behalf of another person or entity.

Principal Duties

are the main responsibilities or tasks that an individual or entity is expected to perform as part of a job role or contractual agreement.

Agent Duties

Responsibilities of an agent to act in the best interest of the principal, including duties of loyalty, care, and to disclose material information.

Contract Remedies

Legal solutions available to a party under a contract when the other party fails to perform as promised.