Examlex
______ describes six dynamic stages of parent-child relationships that change in a bi-directional manner.
Trust
A fiduciary relationship in which one party holds legal title to property for the benefit of another.
Express Authority
The power granted to an agent or entity explicitly and clearly by the principal or by law.
Actual Authority
The power granted to an agent by a principal to legally bind the principal in transactions with third parties.
Principals
The parties who are directly involved and have the major interests in a legal transaction or agreement.
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