Examlex
Which of the following combinations of formula and name is incorrect?
Statutory Liens
Statutory liens are legal claims against property that are established by statute to secure the payment of a debt or obligation, such as tax liens.
Cosurety
One of two or more individuals or entities jointly responsible for fulfilling the obligation of a surety, sharing liability for ensuring the performance or payment of an obligation.
Right of Contribution
The legal right of a defendant or debtor to collect from co-defendants or co-debtors their share of a common liability or debt.
Right of Subrogation
is a legal right allowing one party to assume another's rights in order to pursue recovery from a third party responsible for a loss.
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