Examlex
What is a legal concept referring to the amount of proof a police officer must have to search or arrest someone?
Without Recourse
A clause indicating that the holder of a negotiable instrument cannot seek payment from the sender in the event of non-payment by the intended party.
Contractual Liability
Legal obligations arising from contracts entered into by an entity or individual.
Warranty Liability
The legal obligation of a seller to ensure the goods or services sold meet certain quality and performance standards.
Dishonor
The refusal or inability to pay a bill of exchange or fulfill a financial obligation when due.
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