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What is the most common form of short-term financing?
American Rule
A legal principle stating that each party involved in a lawsuit should pay their own attorney's fees, except under specific circumstances where a statute or contract allows for the award of fees.
Assignee
A person or entity to whom rights or interests have been transferred by another, known as the assignor.
Successive Assignments
The process of transferring rights or interests in a property, contract, or other legal entity from one party to another multiple times.
Delegatee
An individual or entity to whom rights or duties are formally transferred, allowing them to act on behalf of the delegator.
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