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Which of the following statements is incorrect regarding the water molecule?
Agency Agreement
A contract in which one party (the agent) agrees to act on behalf of another party (the principal) in particular transactions.
Binding
Refers to an agreement or contract that is legally enforceable by law.
Independent Agent
An individual or entity that operates independently from the parties they contract with, often acting on behalf of another in a business transaction.
Contract of Agency
A legal agreement where one party, the agent, is authorized to act on behalf of another, the principal, in business transactions.
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