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According to Collins, this type of leadership exists when the leader has the power to simply make decisions.
Implied Powers
Powers not explicitly stated in laws or constitutions but are assumed to exist in order for a government or entity to fulfill its duties and functions.
Charitable Contributions
Donations made to non-profit organizations, often tax-deductible, intended for charitable purposes.
Callable Bonds
Callable bonds are types of debt security where the issuer retains the right to repay the bond's principal before its maturity date, usually at a defined call price.
Secured Transactions
Secured transactions involve agreements where a borrower pledges collateral to secure a loan, giving the lender rights to the collateral in case of default.
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