Violet Has Authority to Act on Behalf of and Bind

question 35

Multiple Choice

Violet has authority to act on behalf of and bind Robert.Which of the following legal term describes Robert's position?

• A) Agent
• B) Principal
• C) Warrantor
• D) Transferor
• E) Real endorser

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Definitions:

Awards and Money

Acknowledgments or rewards, often in the form of trophies or cash, given to individuals or groups for their achievements or performance.

Transformational Organizational Model

A framework for organizations that emphasize innovation, flexibility, and adaptive change to inspire and engage employees towards achieving higher levels of performance.

Communicating

The process of transferring information, ideas, thoughts, and feelings between people through speech, writing, signals, or behavior.

Bureaucratic Approach

A method of organization emphasizing a structured hierarchy, strict rules, and a clear division of responsibilities to achieve efficiency.