Examlex
What are some of the benefits of EAI?
Fiduciary Duty
An obligation to act in the best interest of another party. For instance, a fiduciary duty exists between a trustee and the beneficiaries of the trust.
Competing Business
An enterprise engaged in the same industry or market as another business, striving to achieve superiority in sales, product, and presence.
Written Agreement
A formally documented arrangement between parties clearly outlining each party's rights, duties, and responsibilities.
Oil Change Store
An oil change store is a service establishment that specializes in changing the oil and oil filter in vehicles as part of routine maintenance.
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