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Brian, the operations manager in a company that manufactures light bulbs, calculates the daily productivity at the factory by determiningthe amount of tungsten filaments required to produce a light bulb. In this scenario, Brian calculates _____.
State Law
The body of law issued and enforced by a state government, distinct from federal or municipal law.
Fiduciary
A person who has a duty to act primarily for another person’s benefit.
Duty of Performance
An agent’s obligation to perform the duties specified in the agency agreement and to do so with reasonable skill and care.
Principal
The amount of money originally invested or loaned, on which basis interest and returns are calculated.
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