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Agent's Clause
A provision in a contract specifying the authority and scope of the relationship between an agent and the principal they represent.
Apparent Authority
The appearance or assumption of authority based on the actions or statements of a principal, leading others to believe a person has the right to act on the principal’s behalf.
Undisclosed Principal
A legal term referring to a situation where an agent acts on behalf of a principal, but the identity of the principal is not revealed to the third party involved in the transaction.
Formalities
Specific procedures, requirements or conditions that are mandated by law or established practice.
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