Examlex
A bond is a debt of the issuer.
Disclosed Principal
A principal whose identity is known by the third party at the time of entering into a contract with an agent.
Terminates
The act of bringing something to an end or conclusion, often referring to the cessation of agreements, employment, or processes.
Express Authority
Authority granted to an agent in clear, definite terms, verbally or in writing, by the principal in an agency relationship.
Legal Representative
An individual or entity authorized to act on behalf of another in legal matters or proceedings.
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