Browsed by
Tag: committees

Principal Committees

Principal Committees

As a noun, principal refers to (1)¬†one who holds a presiding place or rank, and (2) capital or property before interest, and it’s also an adjective which means (three)¬†first or most important in rank. A person who’s first in importance or directs some occasion, action, organization, etc. The result is a form of strict liability by which the authorized penalties of an Agent’s acts or omissions are attributed to a Principal even when the Principal was with out fault in…

Read More Read More