Examlex
How does Weber's view of social class differ from that of Marx's view?
Implied Warranty
A legal guarantee that a product will meet a minimum set of standards of quality and functionality without being explicitly stated.
Breach of Contract
The failure to perform as stated or agreed upon in a contract.
Agency
A legal and business relationship in which one party, the agent, is authorized to act on behalf of another party, the principal, in transactions with third parties.
Principal
In finance, refers to the original sum of money borrowed in a loan, or put into an investment, not including the interest. In a second context, it can refer to the primary party involved in a transaction or the main individual in a business.
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