Examlex
Give one good point about and one problem associated with either the consequentialist or the retributivist argument for legal punishment (not the death penalty but legal punishment generally).
Assignment
The transfer of rights, property, or responsibilities from one party to another, either permanently or temporarily.
Contractual Liability
The responsibility and obligations that a party is subject to under the terms of a contract.
Without Recourse
A phrase indicating that the holder of a financial instrument cannot demand payment from the originator if the instrument fails to pay.
Indorser
A person or entity that signs the back of a negotiable instrument, thereby transferring ownership or guaranteeing payment to another party.
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