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Two technicians are discussing vehicle design. Technician A says that vehicle components have been researched and designed to satisfy the laws of physics. Technician B says that aerodynamics was not a concern until recent history. Who is correct?
Enforceable
A term used to describe a legal agreement or obligation that can be upheld or compelled by law.
Negotiable Promissory Note
A financial instrument that guarantees the payment of a specified amount of money, either on demand or at a set time, and is transferable to other parties.
Legal Status
Legal Status refers to the standing of an entity or individual within the law, determining their rights, duties, and liabilities.
Assignee
A person or organization that receives rights or interests from another party, referred to as the assignor.
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