Examlex
What is the similarity between developing an experimental question and driving a car?
Principal Debtor
The primary individual or entity responsible for fulfilling the obligations of a debt or loan agreement.
Surety
A financial arrangement where a third party (surety) agrees to assume responsibility for the debt or obligation of another party if that party fails to meet their obligations.
Consideration
The value (such as money, services, or goods) promised in a contract which motivates a party to enter into the agreement.
Article 9
A provision of the Uniform Commercial Code that governs secured transactions involving personal property.
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