When a Manager Is in the Process of Finalizing a Major

question 20

Multiple Choice

When a manager is in the process of finalizing a major contract with another organization,he is playing the role of a _____.

• A) monitor
• B) spokesperson
• C) disturbance handler
• D) negotiator
• E) communicator

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Definitions:

Unidentified Principal

In agency law, this refers to a situation where an agent acts on behalf of a principal who is not disclosed to the third party at the time of the transaction.

Liability

The state of being legally responsible for something, typically involving financial or legal obligations that result from one's actions or agreements.

Contractual Authority

The power granted to an individual or entity to enter into legally binding contracts on behalf of another person or organization.

Liable

Being legally responsible for something, typically involving a financial or legal obligation.