Examlex
When an individual buys a car in a congested urban area, it generates
Title
Legal ownership rights to property, signifying that the owner has the legal right to use, control, and dispose of the property.
Goods Sold
refers to merchandise that has been purchased and transferred from the seller to the buyer.
UCC's Provisions
Regulations and rules established under the Uniform Commercial Code, governing commercial transactions in the United States.
Passage of Title
The legal process or moment when ownership of property or assets is transferred from one party to another.
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