Examlex
Which of the following is an injection into the circular flow of income by the international sector?
Obligor
The party in a contractual agreement who is bound to provide a benefit or payment to another.
Assignment
A contracting party’s transfer of his or her rights to a contract to a third party.
Personal in Nature
Refers to anything related to or affecting a person individually, rather than businesses or entities.
Condition Precedent
A condition in a contract that must be met before a party's promise becomes enforceable.
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