Examlex
Bonds that mature at a single specified future date are called:
Contract
An enforceable pact by law that involves two or more individuals or groups.
Legal Capacity
The capability recognized by law for a person to act in a particular role or enter into a contract, often related to age and mental soundness.
Express Authority
The power granted to an agent or representative explicitly stated by the principal in a written or oral form.
Actual Authority
The express and implied powers given by a principal to an agent for carrying out specific transactions.
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