Examlex
The labor movement in the nineteenth century abandoned the _____ system,which had allowed workers to gain control over a number of factors surrounding their employment.
Chose In Action
The thing or benefit that is transferred in an assignment; intangible personal property, such as a claim or the right to sue.
Personal Property Security Act
Legislation that outlines the rules for creating and enforcing security interests in personal property, offering a way for creditors to secure repayment of debt.
Attachment
A legal process by which a court of law, at the request of a creditor, designates specific property owned by the debtor to be transferred to the creditor, or sold for the benefit of the creditor.
Perfection
Protection of a secured creditor’s claim, either by registering the secured obligation or by taking possession of the collateral.
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