Examlex
A powerful tool that the president can use to influence legislation is
Possession
The state or fact of owning or holding something in one’s control, typically physical objects, but can also refer to rights.
UCC
The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, aimed at harmonizing the law of sales and other commercial transactions.
Common Law
A legal system characterized by judicial decisions based on customs and prior judicial judgments, rather than by written statutes or codes.
Risk Of Loss
Refers to the legal responsibility for damages or losses of goods, especially in transactions or during shipment, indicating who bears the financial burden.
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