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Describe the concept of channel richness, specify the richest channel, and explain why it is so rich.
Agreement
A mutual understanding or arrangement, typically formalized by a contract, between two or more parties regarding their rights and obligations.
Warranty Of Title
A guarantee provided by a seller to a buyer that they legally own the item being sold and have the right to sell it, free from any claims by others.
Security Interest
A legal claim or lien on property, both real and personal, granted to secure the performance of an obligation, often the repayment of a loan.
Provincial Personal Property
Property, excluding real estate, owned by individuals or entities within a specific province.
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