Examlex
All of the following are true of a caste system except:
Agency Relationships
A legal relationship in which one party (the agent) acts on behalf of another party (the principal) in a business transaction.
Act of State Doctrine
A principle in international law that a nation is sovereign within its own borders and its domestic actions may not be questioned in the courts of another nation.
Arbitration Clause
A provision in a contract that requires disputes between the parties to be resolved through arbitration rather than through litigation in court.
Expropriation
The seizure by a government of privately owned business or personal property for a proper public purpose and with just compensation.
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