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NEW QUESTION: 1
A. Option A
B. Option B
C. Option C
D. Option D
Answer: A
NEW QUESTION: 2
A. Option A
B. Option B
C. Option D
D. Option C
Answer: C
Explanation:
Reference: http://technet.microsof
NEW QUESTION: 3
Supply management processes involve numerous legal considerations. Which of the following would describe an organization authorized to act for another organization in prescribed dealings with a third party?
A. Action of an agent
B. Limit of authority
C. Law of Principal duty
D. Law of agency
Answer: A
Explanation:
Supply management processes involve numerous legal considerations. The actions of an agent would describe an organization authorized to act for another organization in prescribed dealings with a third party. The Law of agency is a law which specifically governs the relationship that exists between two parties in which one party is the agent and one party is the principal and the agent is authorized to perform business activities for the principal is known as the law of agency. Limit of authority refers to acting within the scope granted by the principal. The Law of Principal duty covers reimbursement and indemnification of the principal.
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