Examlex
Triple bottom line refers to the measurement of business performance along:
Board of Directors
A group of individuals elected by shareholders to oversee the management and make key decisions for a corporation.
Liability
Refers to legal responsibility for one's actions or omissions, typically resulting in the obligation to pay damages or compensation.
Authorized
Officially given permission or power to do something or to act in a certain capacity.
Implied Authority
Authority that is created not by an explicit oral or written agreement but by implication or inference. In agency law, implied authority of the agent can arise from custom, from the position the agent occupies, or from being reasonably necessary to carry out express authority.
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