Examlex
Every day Joseph watches Molly get in trouble when she rides her bike further than their mother allows them to go. Joseph really wants to go around the corner when riding his bike but he knows his mother will be angry and that he will get in trouble, so he stops at the corner and turns back toward their house on his bike. This is an example of
Theft
The act of unlawfully taking someone else's property with the intent to permanently deprive them of it.
Negotiability
The characteristic of a written document (such as a check or bill of exchange) that ensures its transferability by endorsement or delivery.
Oral Agreement
An agreement or contract that is made through spoken communication between parties, rather than in written form, but is still legally binding.
Casino Credit
A line of credit extended by a casino to a patron, allowing them to gamble without using cash.
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