A | B |
Right-to-work laws | prohibits union shops |
Trade secret | Inside information on a firm’s processes, products, or inventions |
Principal | The person who is being represented by another person in some sort of business transaction. |
Indemnification | repayment of the amount lost. |
Featherbedding | A payment for services not performed. |
Employee | The party who does the work. |
Employer | The party who pays another party for work. |
Child labor laws | Laws that control the work that children are permitted to do. |
Subagent | An agent lawfully appointed by another agent. |
Fiduciary | Relationship that is based on trust that exists between the agent and principal. |