Examlex
Jose has a set of godparents who, in many ways, serve as an additional set of parents to him. He loves them dearly, and respects them as he does his own mother and father. These godparents may be called ________.
Duty of Obedience
is the responsibility of the directors and officers of a corporation to act in accordance with the corporation's charter, bylaws, and the law in decision-making processes.
Lawful Instruction
Refers to directives or orders given that are within the bounds of the law and ought to be followed by the recipients.
Apparent Authority
A situation in which a reasonable third party would understand that an agent had authority to act, even if the agent did not have actual authority.
Express Agency
A type of agency relationship explicitly agreed upon by the principal and agent, either orally or in writing.
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