Examlex
A number whose movement reflects movement in the average level of prices is called
Express Agency
A relationship where the agent is explicitly given the authority to act on behalf of the principal, often through a written or verbal agreement.
Obligation
An obligation, either ethical or legal, to take a certain action or to avoid taking a particular action.
Terminates
Marks the end or conclusion of something, such as a contract, agreement, or employment.
Fiduciary Duty
An obligation to act in the best interest of another party, emphasizing trust, honesty, and loyalty.
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