Examlex
Communication objectives are "what" decisions while "where" and "how" are tactical decisions.
Apparent Authority
Apparent authority refers to a situation where a third party is led to believe that an agent has the right to act on behalf of a principal, regardless of whether this is true.
Actual Authority
The explicit power given to an agent by a principal, enabling the agent to perform acts on behalf of the principal.
Taxable Income
The portion of an individual's or entity's income used to determine how much tax is owed to the government in a given tax year.
Federal Tax Return
The annual submission required by the federal government detailing an individual or entity's income, deductions, and tax liability.
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