Standard Operating Procedures Are Unwritten, Informal Codes of Conduct That

question 52

True/False

Standard operating procedures are unwritten, informal codes of conduct that prescribe how people should act in particular situations.

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Definitions:

Misrepresentation

An untruthful assertion by one of the parties about a material fact.

Injured Third Party

An Injured Third Party refers to someone who is not part of a contract but suffers harm or loss due to the actions of one who is party to the contract.

Tortious Conduct

Involves actions or omissions that wrongfully harm others and may give rise to liability under tort law.

Principal Directly

Pertains to actions or decisions made by the main party involved in a contract or legal agreement, without intermediaries.