Explain the Benefits of Conducting Secondary Research

question 31

Essay

Explain the benefits of conducting secondary research.

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Definitions:

Actual Authority

The power that an agent or representative has been formally given by a principal to conduct specific acts.

Apparent Authority

Apparent Authority deals with the perception by a third party that an agent has the power and authority to act on behalf of the principal, even if such authority hasn't been explicitly granted.

Time

In a general sense, it refers to the continued sequence of existence and events occurring in an irreversible succession from the past, through the present, to the future.

Principal

In law, the person who authorizes another (the agent) to act on their behalf.