Examlex
What is a corporate bond and what does it specify?
Principal-Agent
Refers to a relationship where one party (the principal) grants authority to another party (the agent) to act on their behalf in transactions or other matters.
Employer
An individual or entity that hires and pays people to perform specific jobs or services.
Independent Contractor
A person who is hired to perform a task for another but who is not the other’s employee.
Employee
An individual who works for an employer and is entitled to receive compensation in exchange for their labor or services.
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