Examlex
Which of the following approaches to collective bargaining is the most adversarial?
Secret Commission
A payment made to an agent or a representative for facilitating a transaction or agreement, typically without the knowledge of some or all of the principal parties involved.
Commission Recovery
The process by which a salesperson, agent, or broker seeks to reclaim commission fees that were not paid as agreed upon in a transaction.
Dual Agency
A real estate arrangement where one agent represents both the buyer and the seller in a transaction.
Apparent Authority
The ability of an agent to bind a principal where the principal has not notified third parties of the restricted or terminated authority of the agent.
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