Examlex
Loans issued by the IMF
Business Activity
Business activity involves actions taken by companies or entrepreneurs to produce, sell, or trade goods and services to generate profit.
General Rule
A widely accepted standard or procedure that is typically followed in a particular field or situation.
Agent
An individual or entity authorized to act on behalf of another, often in business transactions, creating an agency relationship.
Gratuitous Agency
An agency relationship where the agent agrees to act on behalf of another party, the principal, without receiving any compensation.
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