Examlex
The feature of social institutions that means mechanisms are in place to determine responsibility for an action is called
Uniform Commercial Code
Codification of laws intended to standardize the regulation of commercial transactions in the U.S., facilitating the fair and consistent treatment of businesses and consumers.
Common Law
The body of law developed through judicial decisions, as opposed to laws enacted by legislative bodies (statutory law) or in official codes.
Statute of Frauds Rule
A legal principle that requires certain types of contracts to be in writing to be enforceable.
Sale of Real Estate
This term refers to the process of transferring ownership of property or land from one party to another.
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