Identify and Give the Historical Significance of Each of the Following

question 72

Essay

Identify and give the historical significance of each of the following terms, events, and people in a paragraph or two.
-free trade

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Definitions:

Principals

In legal and business contexts, refers to the primary parties involved in a transaction or agreement.

Breaching

The act of violating a law, duty, agreement, or expectation.

Agent By Estoppel

A concept in law where a person is prevented (estopped) from denying the agency relationship due to their actions or representations.

Agent By Conduct

An individual or entity that acts on behalf of another party in a way that suggests they have the authority to do so, even if no formal agency relationship exists.