Examlex
In stratification systems where people get to move up in the rankings, this movement is infrequent.
Fiduciary Duty
An obligation to act in the best interest of another party, emphasizing trust, honesty, and loyalty.
Real-Estate Agent
A licensed professional who arranges real estate transactions, putting buyers and sellers together and acting as their representative in negotiations.
Commission
A fee or percentage of a sale paid to an employee or agent for their services in facilitating the sale.
Principals
In a legal context, individuals or entities who authorize agents to act on their behalf in contractual or negotiation situations.
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