Examlex
Which term does not belong with the others?
Priority of Creditors
The legal principle determining the order in which creditors are paid in the event of a debtor's bankruptcy or liquidation of assets.
Secured Transactions
Financial agreements or deals where the borrower provides a creditor a security interest in an asset as collateral for a loan.
Bailment for Value
A legal relationship in which physical possession, but not ownership, of personal property is transferred from one person to another for a specific purpose, with an expectation of compensation.
Gratuitous Bailment
A bailment where the bailor transfers possession of property to the bailee without expecting any payment or benefit in return.
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