Examlex
A patient with chronic heart failure who has been following a low-sodium diet tells the nurse at the clinic about a 5-pound weight gain in the last 3 days. The nurse's first action will be to
Unidentified Principal
An unidentified principal occurs in agency relationships when the third party interacting with the agent does not know the identity of the principal for whom the agent is acting.
Disclosed Principal
A principal whose identity is made known by the agent to the third party at the time of entering into a contract with the third party.
Undisclosed Principal
A party in a contract whose identity is unknown to the third party with whom the agent interacts, during the transaction.
Contractual Liability
The obligation a party undertakes when entering into a contract, making them legally responsible for fulfilling the terms of the agreement.
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