Examlex
In the expression "Barack Obama was elected president because he capitalized on a bad economy," the statement "He capitalized on a bad economy" is called the:
Third Party Rights
Rights that are granted to individuals or entities who are not a direct party to a contract or legal agreement but are affected by its provisions.
Delegation
The act of transferring to another person the authority to perform a particular task or function.
Assignment
The transfer of rights, duties, or interests from one party to another.
Obligation
A legal or moral duty or responsibility that one party owes to another, enforceable by law.
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