Examlex
Comparing scores of objective measures within the same time period is a measure of internal consistency.
Dual Agency
A real estate transaction scenario in which a single agent or broker represents both the buyer and the seller, creating potential conflicts of interest.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another when managing another person’s assets, involving a relationship of trust and confidence.
Independent Contractor
An individual or entity contracted to perform work for another entity as a non-employee, responsible for their own taxes and benefits.
Agent
Someone who is authorized to act on behalf of another person (the principal), especially in business or legal matters.
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