First Principles of Business Law

The law of agency
13. Words and phrases

 

 

Studying the law involves learning many new words and phrases. Read through the list below and check that you know what all these words and phrases mean.

Principal, agent and third party

Undisclosed principal

Actual and ostensible authority 

Ratification

Remuneration, reimbursement, and indemnity

Power of attorney

Irrevocable agency

 

You will find other words and phrases explained in the glossary in the First Principles of Business Law textbook.

 

Page 1
Go to the previous topic Go to the list of topics Choose another module