Examlex
There are a limited number of original Picasso paintings.This means that the supply of original Picasso paintings is perfectly elastic.
Registered Ships
Vessels that are officially listed with a specific country's registry to identify the nation of registration and ensure compliance with that nation's laws and regulations.
Sailors
Individuals who operate or work aboard ships, navigating and maintaining them.
Good-faith Purchaser
Someone who buys property without knowledge of any existing claims or defects against it, thus acquiring free and clear ownership.
Voidable
Describes a contract or transaction that may appear to be valid but can be legally declared void by one of the parties to the contract for reasons such as fraud or coercion.
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