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Gratuitous Agent
An agent who acts on behalf of another without any compensation for their services.
Duty Of Loyalty
An obligation of fiduciaries to act in the best interest of the beneficiaries or the entities they serve, avoiding conflicts of interest.
Sales Agent
An individual or entity authorized to sell and market products or services on behalf of another party, known as the principal.
Personal Bank Account
An account maintained by an individual at a bank or other financial institution for the purpose of managing personal funds.
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