Examlex
What explanation was given to the fact that silver-medal winners often appear less happy with their achievement than bronze-medal winners?
Third Party
An individual or entity that is not a direct participant or primary party involved in a transaction or legal matter.
Legal Capacity
The ability of an individual to understand and appreciate the consequences of their actions for the purpose of entering legally binding contracts or making other legal decisions.
Ratifies
To officially approve or confirm an agreement or contract, making it valid and legally binding.
Apparent Authority
A type of authority perceived by a third party that an agent seems to have in relation to the principal, regardless of whether such authority has been actually granted.
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