The Party Who Agrees to Act on Behalf of Another

question 62

True/False

The party who agrees to act on behalf of another is called the principal.

---

Definitions:

Future Actions

Planned steps or initiatives intended to achieve a specific goal or address a forthcoming situation.

Past Actions

Previous behaviors or decisions taken by an individual or organization, which can influence present and future decisions or perceptions.

Specific Incidents

Particular events or occurrences, often referenced in the context of evaluations or investigations.

Typical Situations

Common scenarios or circumstances that are often encountered in a specific context.