Examlex
______ are generally exempt from having to submit paperwork for approval from a local institutional review board (IRB) .
Principal
In legal and financial contexts, the main party to a transaction or the original amount of money invested or loaned, before interest.
Independent Contractor
An individual or entity contracted to perform work for another entity as a non-employee, thus not entitled to employee benefits and subject to different tax treatment.
Agent
A person who is authorized to act for or in the place of another person (the principal).
Principal
A primary actor or agent in a financial transaction, often used to describe the main party responsible for an obligation in a financial contract.
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