Examlex
Of the major individuals discussed in this chapter, who was the most "modern" and who was the least modern? In answering this question, a definition of "modern" is required.
Express Authority
The power explicitly given to an agent or representative through a contract or agreement to perform certain actions.
Agent
An individual or entity authorized to act on behalf of another (the principal) in dealings with third parties.
Undisclosed Principal
A party in a contract whose identity is not revealed to the other party.
Agent Liability
The legal principle that holds agents accountable for their actions, especially when such actions cause harm or breach contractual obligations.
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