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Authorized agents cannot execute negotiable instruments on behalf of their principals.
Skills Theory
A leadership theory that focuses on leaders' capabilities, such as technical, human, and conceptual skills, suggesting that leadership depends on one's skills rather than inherent traits.
Common Themes
Recurrent and unifying ideas or motifs found across different works, discussions, or areas of study.
Transactional Leadership
A leadership style that focuses on supervision, organization, and performance; transactional leaders guide or motivate their followers in the direction of established goals by clarifying role and task requirements.
Transformational Leadership
A leadership style characterized by the ability to inspire and motivate followers to achieve exceptional outcomes and foster significant change.
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