Examlex
Organizations are open systems that affect and are affected by their external environments.
Disclosed Principal
A principal whose identity is known by the third party at the time a contract is entered into with the agent acting on behalf of the principal.
Signs the Contract
The act of agreeing to a contract's terms and legally binding oneself by signing a document.
Nondelegable Duty
An obligation or duty that cannot be transferred to another party and must be performed by the individual or entity originally charged with it.
Duty Of Care
The legal obligation to avoid actions or omissions that could foreseeably harm others.
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