Examlex
____ are often more practical for power factor improvement than capacitors are because they can drive a mechanical load as well as develop a leading power factor.
Implied Trust
A trust not created by explicit words but inferred by law to avoid injustice or to reflect the presumed intention of the parties involved.
Unjust Enrichment
A legal principle where one party is unjustly benefited at the expense of another, often requiring restitution to the party disadvantaged.
Express Trust
A trust explicitly created by a trustor, typically in written form, specifying the beneficiary and terms of the trust.
Estate Plan
A comprehensive approach to managing an individual's assets and financial affairs during their lifetime and distributing assets upon their death.
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