Examlex
To convert weight in pounds to kilograms for a near estimate in an emergency, divide the pounds in half and then subtract the first digit of the answer from the answer itself to get the conversion total.For example, 160/2 = 80, 80 - 8 = 72.
Duty of Accounting
An agent’s obligation to keep an accurate account of the transactions of money and property made on behalf of the principal.
Agent
A representative authorized to act on behalf of another person or organization, especially in business or legal matters.
Principal
The original amount of money invested or loaned, upon which interest is calculated, or the main party involved in a transaction.
Ratification
The official way to confirm something, usually by vote, making it valid or officially approved.
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