Examlex
Identify and state the historical significance of the following:
-Arthur Miller
Equitable Assignment
An assignment that could be enforced if all parties could be brought before the court.
Constructive Trust
An equitable remedy that imposes a trust-like obligation on someone who has wrongfully obtained or holds legal property rights.
Full Release
A legal agreement in which one party permanently relinquishes all claims against another.
Novation
The process of replacing one obligation with another by mutual agreement.
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