Examlex
Which of the following is an important component of grit?
Court Costs
Expenses associated with legal proceedings, including filing fees, charges for serving documents, and other legal expenses.
Principal
The original sum of money borrowed in a loan or the initial amount invested, excluding any interest or dividends.
Testamentary Trust
A legal arrangement created as per the instructions in a will, allowing assets to be managed and distributed to beneficiaries after the grantor's death.
Living Person
An individual who is currently alive, as opposed to a deceased individual or a fictitious character.
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