Examlex
Which one of the following is true of freedom in New Netherland?
Guaranty
A legal commitment by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults.
Enforceable
A legal term referring to a contract or agreement that can be upheld and compelled by law.
Parol Evidence Rule
A legal principle that prevents parties from using oral or extrinsic evidence to contradict or vary the terms of a written contract.
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