Examlex
Give three examples of a financial transaction.
Breach Of Duty
Failure to meet the responsibilities or uphold the standards of care legally owed by one party to another.
Revoke The Authority
The act of formally withdrawing or cancelling a previously granted power or legal right, usually by the entity that granted it.
Principal May
An ambiguous term that could refer to the permissive actions or rights of a principal in legal, financial, or educational contexts; however, without more context, a specific definition cannot be provided. Likely a misinterpretation or incomplete term, hence treated as NO.
Delegation Of Authority
The process of transferring responsibility and authority from one party to another to complete specific activities or tasks.
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