Examlex
Group-term life insurance is a fringe benefit that can be partially taxable and partially tax free.
Preponderance of the Evidence
A standard of proof in civil cases, requiring that the evidence shows that something is more likely to be true than not.
Lakeside Property
Real estate located adjacent to or near the shore of a lake, often sought after for its scenic views and recreational opportunities.
Apparent Agency
A situation in which a principal creates a reasonable impression that an agent has authority to act on their behalf.
Implied Authority
Power granted by custom or implied by the conduct of a role, allowing an agent to perform acts that are reasonably necessary to accomplish tasks.
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