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Explain What Is Meant by Bonding

question 129

Essay

Explain what is meant by bonding.


Definitions:

Power of Attorney

A legal document that allows one person to act on another's behalf in legal matters or financial transactions.

Representative Capacity

This refers to acting on behalf of another person or entity in a legal or official capacity, such as an attorney representing a client.

Authority

The authority to command, decide, and ensure compliance.

Custom

A traditional and widely accepted way of behaving or doing something specific to a particular society, place, or time.

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