Examlex
Explain what the fallacy of composition is and give an example.
Actual Authority
Legal authority granted to an agent by a principal, either explicitly or implicitly, enabling them to perform actions on behalf of the principal.
Principal's Communications
Messages or directives from the principal (in a principal-agent relationship) that guide the agent's actions on behalf of the principal.
Express Authority
The power or permission that is explicitly granted to an individual or entity by way of spoken or written words.
Subsequent Ratification
The act of officially approving or confirming a decision or agreement after it has already been made or implemented.
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