Examlex

Solved

Which of the Following Is True with Regard to Centralization

question 71

Multiple Choice

Which of the following is true with regard to centralization and decentralization?


Definitions:

Ratify

The act of formally approving a contract or agreement, making it officially valid and enforceable.

Unauthorized Act

An action taken without official permission or beyond granted authority, often leading to disciplinary actions or legal consequences.

Partners

The owners of a partnership.

Respondeat Superior

A legal doctrine that holds an employer or principal legally responsible for the wrongful acts of an employee or agent, performed within the scope of their employment or agency.

Related Questions