Examlex
Premiums generated from the issuance of bonds for a capital projects fund are generally:
Agency Relationship
A connection between two parties where one, the agent, is authorized to act on behalf of the other, the principal, in dealings with third parties.
Rescission
The termination of a contract.
Consensual Relationship
A mutual agreement between parties or individuals without coercion or duress, often used in the context of personal or workplace relationships.
Formal Written Contract
A contract that is officially documented in written form and typically requires a certain level of formality and requirements to be legally binding.
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