Examlex
The term parties of power denotes:
Indemnification
The process by which one party agrees to compensate another for any loss or damage that has occurred or may occur.
Fraud
A wrongful statement, action, or concealment pertinent to the subject matter of a contract knowingly made to damage the other party.
Record of Transactions
A detailed log or document that keeps track of all the transactions made within a certain period.
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