Examlex
Project teams often adopt ground rules to address which of the following relationship topics?
Detailed Language
The use of precise and specific terms in communication or documentation to ensure clarity and reduce ambiguity.
Apparent Authority
A situation where a third party reasonably believes that an agent has the authority to act on behalf of a principal, even if the agent does not have such authority.
Principal
In a financial context, the principal is the initial amount of money borrowed or invested, excluding any interest or profit. In an educational setting, it refers to the head of a school.
Agent
An individual authorized to act on behalf of another, often in business or legal matters.
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