Examlex
Which organizational pattern is the most commonly used among speakers?
UCC Article 2
A section of the Uniform Commercial Code that governs the sale of goods, ensuring standardized transactions across state lines.
Statute of Frauds
A legal requirement that certain types of contracts be in writing and signed by the parties involved to be enforceable.
Statute of Frauds
A legal concept that requires certain types of contracts to be executed in writing and signed by all parties involved to be legally enforceable.
Main Purpose Doctrine
A legal principle stating that if the main purpose of a guarantor to provide a guarantee is to serve their own interests, they may not require the benefit of the creditor first exhausting remedies against the principal debtor.
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