Examlex
Consider the statement 'banning the export of live parrots from Australia has resulted in the black market price for cockatoos rising and an increase in poaching'.This is an example of a normative statement.
State Agency
An organization or body created by the government to carry out specific functions on a state level.
Chattel Paper
A writing that indicates both a monetary obligation and a security interest in specific goods.
Monetary Obligation
A legal requirement to pay a certain amount of money, arising from contractual agreements, fines, or other legal instruments.
Security Interest
A legal claim or right granted over assets as security for the repayment of a debt or performance of some obligation.
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