Powers – Page 3 – itho's internet resources

Checks and Balances: Definition, Examples, and How They Work

By Itho April 13, 2010

[ad_1] What Are Checks and Balances? Checks and balances are rules and procedures to reduce mistakes, prevent improper behavior, or decrease the risk of centralization in an organization. Checks…

Chair: Definition in Business, Responsibilties, Vs. CEO

By Itho April 13, 2010

[ad_1] By Chris B. Murphy Full Bio Chris B. Murphy is an editor and financial writer with more than 15 years of experience covering banking and the financial markets.…

Declaration Of Trust: Meaning in Estate Planning

By Itho April 12, 2010

[ad_1] What Is a Declaration Of Trust? A declaration of trust under U.S. law is a document or an oral statement appointing a trustee to oversee assets being held for…

Types, Compensation, and Legal Implications

By Itho September 11, 2007

[ad_1] What Is Eminent Domain? Eminent domain is the power of the government to take private property and put it to public use, in exchange for just compensation. This is…

Embargo: Definitions, Examples & Economic Impact

By Itho June 18, 2007

[ad_1] Embargo Definition in Economics An embargo is a trade restriction, typically adopted by a government, a group of countries, or an international organization as an economic sanction. Embargoes…

Attorney-in-Fact: Definition, Types, Powers and Duties

By Itho October 12, 2006

[ad_1] What Is an Attorney-in-Fact? An attorney-in-fact, also called an “agent,” is a person who is authorized to act on behalf of another person, known as the “principal,” typically to…