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The so-called "new" theories, unlike the grand theories, are multicultural and multidisciplinary. Evolutionary theory, for example, draws on all of the following EXCEPT _____.
Reasonable Efforts
A legal standard that requires a party to act with fair, honest, and diligent efforts to fulfill an obligation.
Actual Authority
The specific powers that a principal has expressly given to an agent to make decisions on their behalf.
Agency Relationship
A legal and fiduciary relationship between two parties, where one person (the agent) is authorized to perform acts or make decisions on behalf of another (the principal).
Commissions
Fees paid to agents or salespeople for facilitating transactions or sales.
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