Examlex
Identify the correct statement regarding predictive validation.
Administration
In a business context, it refers to the process of managing and operating a business or organization; in a legal context, it could refer to managing the estate of a deceased person.
Equitable Title
A right to receive legal title to property upon fulfilling specific conditions, often related to contracts or trusts.
Beneficiary
An individual or entity entitled to benefits or assets under a legal instrument or arrangement, such as a trust or will.
Legal Title
Refers to the formal right of ownership over property, recognized and protected by law.
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