Examlex
A local chain department store grants each of its store managers the authority to make buying decisions for their stores.Granting managers this kind of authority is found in which type of organisation?
Insurance Types
Various categories of insurance policies, including life, health, property, and auto, designed to protect against specific risks and financial losses.
Misrepresentation
The act of providing false or misleading information with the intention to deceive in a contractual agreement.
Indemnify
To compensate for loss or damage, or to guarantee protection against future losses.
Void Ab Initio
Describes a contract or agreement that is considered null from its inception, meaning it never had legal validity.
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