The Entities Created by Enabling Statutes Are Called as Executive

question 33

True/False

The entities created by enabling statutes are called as executive agencies.

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Definitions:

Contract

An agreement between two or more entities that holds legal validity and can be enforced in a court of law.

Restrictive Covenant

A clause in a deed or lease that limits how the property can be used, often to maintain the value or character of the land.

Rental Revenue

Income derived from leasing properties or assets to tenants, including residential, commercial, or industrial spaces.

Lease

A legal agreement wherein one party grants the other the right to use an asset (e.g., property, vehicle) for a specified period in exchange for payment.