Examlex
The term that stands for the time it takes a check to go through the traditional check-clearing process and be paid is known as ________.
Fiduciary
A fiduciary is a person or organization that acts on behalf of another person or persons, putting their clients' interest ahead of their own, with a duty to preserve good faith and trust.
Written Contract
A legally binding agreement between parties that is expressed in written form rather than verbally.
Independent Contractor
An individual or entity contracted to perform work for—or provide services to—another entity as a non-employee, thereby assuming responsibility for his or her own taxes and benefits.
Employee-Contractor
A distinction used to describe the relationship between workers and those who hire them, with employees typically under the control of the employer, and contractors providing services under their own direction.
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