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<a accesskey="3" href="page.php?w=Charter&amp;p=2">3.Next</a>
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<p>A <b>charter</b> is the grant of <a href="page.php?w=authority">authority</a> or <a href="page.php?w=rights">rights</a>, stating that the granter formally recognizes the <a href="page.php?w=prerogative">prerogative</a> of the recipient to exercise the rights specified. It is implicit that the granter retains superiority (or <a href="page.php?w=sovereignty">sovereignty</a>), and that the recipient admits a limited (or inferior) status within the relationship, and it is within that sense that charters were historically granted, and it is that sense</p><p>
<a accesskey="3" href="page.php?w=Charter&amp;p=2">3.Next</a>
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