Examlex
Capital expenditures differ from operating expenditures in that
they are much smaller.
they are shorter commitments.
they are part of working capital.
they are not budgeted.
they are not normally sold or converted into cash.
Contract of Agency
A legal agreement in which one party (the agent) agrees to act on behalf of another party (the principal) in business transactions.
Information
Data, facts, or knowledge provided or learned about something or someone.
Consciously Ratifies
The act of officially approving or confirming a decision or agreement with full awareness.
Ratified
Formally approved or confirmed, often in the context of contracts or agreements to signify official validation.
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