Examlex
Which of the following is true about the validity of a measure?
Principal
In finance, this term refers to the original sum of money borrowed in a loan, or the amount of the investment itself, excluding any interest or profit.
Agent
A person or entity authorized to act on behalf of another person or entity in contractual or legal matters.
Purporting
Presenting or claiming something to be true, often without offering proof or evidence.
Express Authority
The power granted intentionally to an agent by a principal, often in written form, to perform specific acts on the principal's behalf.
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