Examlex
Economists use M2 to measure the amount of money that is regularly used in transactions.
Express Authority
The power granted to an agent or representative by clear and explicit instructions from the principal.
Conflict of Interest
A situation in which a person's personal interests could potentially influence their professional duties or decisions.
Double Role
When an individual or entity assumes two separate and distinct positions or functions simultaneously, potentially leading to conflicts of interest or the need for balanced management.
Self-dealing Transactions
Occurs when a fiduciary acts in their own best interest in a transaction, rather than in the best interest of their clients or beneficiaries, potentially leading to conflict of interest.
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