Examlex
If S =
is a sample space of an experiment with events
and
find
(d)Of the events E,F,and G,which pairs are mutually exclusive?
Apparent Authority
The appearance or assumption of authority based on the actions or words of the principal, which a third party reasonably believes the agent has.
Implied Authority
Authority of an agent that is not expressly granted but rather implied by the actions, situation, or responsibilities given to the agent.
Implied Ratification
The act of accepting or endorsing a previously unauthorized action or agreement through behavior that implies approval, rather than through explicit consent.
Agent's Act
Refers to actions taken by an agent on behalf of a principal, where the agent has the authority to affect the principal's legal position.
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