Examlex
The user test and acceptance procedure is the last point at which the user can determine the system's acceptability prior to it going into service.
Agent's Authority
The scope of power given to an agent to act on behalf of a principal in legal or business matters.
Best for Principal
A standard or principle requiring actions or decisions to be made in the best interest of the principal or the party represented.
Agency Relationship
A legal arrangement where one party, the agent, is authorized to act on behalf of another, the principal, in business dealings.
Real Estate Transaction
The process of transferring ownership of property from one party to another, involving legal documents, negotiations, and financial arrangements.
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