Examlex
Every party that signs a negotiable instrument is primarily liable on the instrument.
Supreme Court Decision
A ruling issued by the Supreme Court, which is the highest court in many countries, setting a legal precedent.
Trust
A provision in equity whereby one person transfers property to a second person obligated to use it to the benefit of a third person.
Involuntary Assignment
Assignment of rights that takes place involuntarily, as in the cases of death and bankruptcy.
Equity Provision
A clause in an agreement that allows for adjustment based on the equity value of an entity or asset.
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Q97: The term _ refers to a type