Examlex
The U.S. government's special command unit, AFRICOM, currently utilized to help secure our dominance over an oil-rich Africa as a rapid response military force, was originally designed to specialize in humanitarian missions such as brining medical assistance to Africa.
Agency Relationship
A legal arrangement in which one party, the agent, is authorized to act on behalf of another, the principal, in business transactions or other matters.
Bankruptcy
The legal process by which the assets of a debtor are sold to pay off creditors so that the debtor can make a fresh start financially.
Operation Of Law Authority
Legal changes or transfers that occur automatically because of established laws, without the need for action by individuals.
Apparent Authority
The appearance or assumption of authority based on the actions or statements of the principal, leading others to believe someone has the authority to act on behalf of the principal.
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