Examlex
Project managers can evaluate whether the __________ risk of completing the project on schedule is acceptable.
Apparent Authority
An accountability doctrine whereby a principal, by virtue of words or actions, leads a third party to believe that an agent has authority but no such authority was intended. Also called ostensible authority and agency by estoppel.
Agency by Estoppel
A situation where a person is prevented by their own actions from denying or negating the existence of an agency relationship.
Cocktail Party
A social gathering where guests enjoy alcoholic beverages and light refreshments, typically standing and mingling.
Duty
An obligation placed on individuals because of the law.
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