Like Most Governors,the President Has the Line-Item Veto

question 71

True/False

 Like most governors,the president has the line-item veto. 

---

Definitions:

Equitable Assignment

An equitable assignment is the assignment or transfer of rights or interests in a property or contract to another party, recognized by equity and not necessarily by law.

Privity of Contract

A principle stating that only the parties involved in the contract have the rights and obligations under that contract.

Novation

The act of replacing an existing obligation with a new one, thereby extinguishing the original contract and creating a new agreement.

Statutory Assignment

refers to the legal transfer of rights from one party to another, based on statutory laws rather than contractual agreement.