Technology Is Rapidly Becoming an Essential Means of Expanding the Global

question 21

True/False

Technology is rapidly becoming an essential means of expanding the global reach of services.

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Definitions:

Apparent Authority

Apparent authority refers to a situation where a reasonable person would understand that an agent has the authority to act on behalf of a principal, even if the agent does not have actual authority.

Business Expenses

Costs incurred in the operation of a business, which are typically deductible from the business income for tax purposes.

Personal Expenses

Outlays or expenditures that individuals make for personal, non-business activities, goods, or services.

Constructive Notification

Information or knowledge that is legally deemed to have been obtained by a party, even if not directly received, through recorded documents or public filings.