Examlex
Use the quadratic formula to solve the equation.
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Indemnification
A legal obligation by one party to compensate another for the loss or damage that has been incurred.
Duty of Performance
The legal obligation of parties in a contract to fulfill their respective tasks or services as outlined in the agreement.
Agency Agreement
A legal contract creating a fiduciary relationship whereby the first party ("the principal") agrees that the actions of a second party ("the agent") binds the principal to later agreements made by the agent as if the principal had himself personally made the later agreements.
Dual Agency
A situation in real estate where an agent or broker represents both the buyer and the seller in the same transaction, leading to potential conflicts of interest.
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