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Kerrie and Pam are college roommates. When they go to the bar, Pam notices that although she and Kerrie are about the same weight and height, Kerrie needs to drink a lot more alcohol than her before she feels the effects of the alcohol. Why should Pam be worried about Kerrie?
Undisclosed Principal
In agency law, an individual whose existence and identity are not revealed by the agent during transactions conducted on their behalf.
Third Party
An entity not directly involved in a legal agreement or contract but might be affected by its outcome or has an interest in it.
Default
The failure to perform a legal duty or fulfill an obligation, such as not making scheduled loan payments.
Employ Employees
The act of hiring individuals to perform services or tasks for compensation.
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