Glen Is Writing a Memo to Suggest That His Company

question 39

Multiple Choice

Glen is writing a memo to suggest that his company hire someone to act on its behalf in a foreign market.If he wants to improve the ease of reading of his message,which term should he use to describe that person?

• A) fiduciary
• B) executor
• C) agent
• D) procurator
• E) envoy

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Definitions:

Service of Process

The procedure by which a party to a lawsuit gives an appropriate notice of initial legal action to another party (such as a defendant), court, or administrative body to exercise jurisdiction over that person so as to enable that person to respond to the proceeding.

Intended Beneficiary

An individual or entity explicitly chosen to benefit from a contract, even though they are not a direct party to the agreement.

Incidental Beneficiary

A third party who benefits from a contract between two other parties, even though the benefit was not the contract’s primary purpose or intention.

Courts

Judicial institutions authorized to hear and resolve disputes, applying the law to specific cases.