Examlex
Which of the following best describes what Web 2.0 is?
Breach of Contract
Occurs when one party fails to fulfill their obligations under a contract without a lawful excuse.
Agency Contract
A legal agreement where one party, the agent, agrees to act on behalf of another, the principal, in business dealings.
Duty of Obedience
The requirement for directors and officers of an organization to act in accordance with its governing documents and decisions made by its governing body.
Enters into Contract
The act of agreeing to the terms and conditions of a contract, thereby creating a legally binding agreement between two or more parties.
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