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Characterize psychographic segmentation.
Exclusive Agency Contract
A binding agreement between a principal and an agent granting the agent the sole rights to act on the principal's behalf within a certain market area or for specified activities.
Principal
The initial amount of money invested or lent, excluding any interest or profit.
Agent
An individual authorized to act on behalf of another, known as the principal, in legal or business matters.
Specific Power of Attorney
A legal document that grants an agent the authority to act on behalf of the principal in specific matters or transactions.
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