EDI Standards Are Set Under the Supervision of the American

question 12

True/False

EDI standards are set under the supervision of the American National Standards Institute domestically and the United Kingdom internationally.

---

Definitions:

By Reservation

A method of retaining certain rights within a property or legal agreement when selling or transferring the remainder of those rights to another party.

Life Tenant

An individual who has the right to use and benefit from a property during their lifetime, but cannot sell or transfer the property.

Legal

Pertaining to the law or the system of rules that are enforced through social institutions to govern behavior.

Revised Residential Landlord

An updated legal framework that regulates the relationships between landlords and tenants in residential properties.