Examlex
In a linear trend equation, which variable represents the average change in the dependent variable for every unit change in time?
Principal
In agency law, one under whose direction an agent acts and for whose benefit that agent acts.
Implied Trust
A trust not created by explicit words but inferred by law to avoid injustice or to reflect the presumed intention of the parties involved.
Unjust Enrichment
A legal principle where one party is unjustly benefited at the expense of another, often requiring restitution to the party disadvantaged.
Express Trust
A trust explicitly created by a trustor, typically in written form, specifying the beneficiary and terms of the trust.
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