Examlex
What term refers to processes or activities that are completed in-house?
Consideration
Something of value exchanged between parties in a contract, making the agreement binding and legally enforceable.
Authorized
Having official permission or approval.
Principal
The amount of money originally invested or loaned, upon which interest is calculated, or in agency relationships, the person who empowers an agent to act on their behalf.
Gratuitous Agent
An agent who acts on behalf of another without receiving any compensation for their services.
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