Examlex
When participants are provided with specific responses to choose from on a questionnaire, what type of format is being used?
Express Authority
Legal power explicitly granted to an individual or organization to perform certain actions or make decisions.
Apparent Authority
Refers to a situation where a third party reasonably believes an agent has the authority to act on behalf of a principal, even if the agent does not have such authority.
Implied Authority
The power or right assumed to be held by a person in a position of leadership or responsibility, based on the role rather than explicitly stated.
Maverick Buyers
Individuals within an organization who make unauthorized purchases outside of agreed contracts or procurement policies, often leading to inefficiencies and increased costs.
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