Examlex
Which class of levers involves the fulcrum positioned between the load and the pull?
Obligee
The party in a contractual agreement who is owed a duty or obligation by another party, the obligor.
Third-Party Donee Beneficiary
A person who benefits from a contract between two other parties, although they are not one of the contract's signatories.
Insurance Policy
A contract between an individual or entity and an insurance company, outlining the terms for premium payment in exchange for risk coverage.
Assignment
The process of handing over rights, assets, or responsibilities from one entity to another.
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