Examlex
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Oral Assignment
The act of transferring rights or property through verbal agreement, without the need for written documentation.
Statute
A written law passed by a legislative body at either the federal or state level.
Assignee
An individual or entity to whom rights or interests have been transferred by another party, known as the assignor.
Payment
The transfer of money or goods from one party to another as an exchange for goods, services, or to fulfill a legal obligation.
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