Examlex
suppose the variable x represents students, F(x) means "x is a freshman," and M(x) means "x is a math major." Match the statement in symbols with one of the English statements in this list:
1. Some freshmen are math majors.
2. Every math major is a freshman.
3. No math major is a freshman.
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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.
Conflict of Interest
A situation in which an individual's personal interests could potentially interfere with their professional duties or responsibilities.
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