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What is a parallel implementation process? Discuss some of its drawbacks.
Apparent Authority
The ability of an agent to bind a principal where the principal has not notified third parties of the restricted or terminated authority of the agent.
Principal
A person on whose behalf an agent acts.
Terminated
The end of an employee's employment due to dismissal or discharge by the employer, often for cause or due to organizational changes.
Apparent Authority
The appearance or assumption of authority based on the actions or statements of the principal, leading third parties to believe that a representative has authority to act.
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