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The Lines of Authority in an Organization That Run from Top

question 89

Multiple Choice

The lines of authority in an organization that run from top management to individual employees and specify internal reporting relationships is called ________.


Definitions:

Full Release

A legal agreement in which one party permanently relinquishes all claims against another.

Novation

The process of replacing one obligation with another by mutual agreement.

Entire Agreement

A clause in a contract that declares the contract to be the complete and final agreement between the parties, superseding all prior negotiations, promises, or representations.

Privity of Contract

The principle that a contract directly affects and grants enforceable rights only to the parties involved in the contract agreement.

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