Examlex
________ is the name given to the processes surrounding recognition of the principal-agent problem and ways to align agents with the interests of the principals.
Scan Function
In automation, particularly in PLC (Programmable Logic Controller) systems, the scan function refers to the cyclic process where the system reads inputs, executes logic, and updates outputs systematically.
Horizontal
Refers to an orientation or position that is parallel to the ground or baseline, often used to describe direction or alignment.
Vertical
Referring to the direction or orientation that is perpendicular to the horizon or ground level, often used in spatial descriptions.
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