Examlex
EPC is a special electronic format that companies use to exchange business documents from computer to computer.
Fiduciary Duty
A legal obligation to act in the best interest of another party, such as a trustee's duty to beneficiaries.
Fair Market Value
The price at which an asset would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.
Restatement's Definition
A concise explanation or new statement of a previously stated definition, often used in legal contexts to clarify laws or doctrines.
Agency Coupled
A business relationship where an agent has specific rights that cannot be revoked by the principal without the agent's consent, often dealing with rights to act on behalf of another.
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