Examlex
Which of the following is not a key component of strategy included as part of the strategy diamond?
Liability
Legal responsibility for one's actions or omissions, which may result in being obligated to offer compensation for harm caused.
Incompetent
Lacking the necessary ability, knowledge, or fitness to perform a legally designated responsibility or action effectively.
Undisclosed Principal
An undisclosed principal is a party in a contractual agreement who remains unknown to the other party or parties involved.
Unidentified Principal
In agency law, this refers to a situation where an agent acts on behalf of a principal who is not disclosed to the third party at the time of the transaction.
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