Examlex
Which of the following is a long-term financial instrument?
Support Payments
Support payments are financial contributions typically made by one individual to another for maintenance, often in the context of alimony or child support following a divorce or separation.
Bankruptcy Estate
A legal term referring to the collective assets and liabilities that are considered part of the bankruptcy process.
Absolute Right
A legal or moral right that is not subject to any limitations or conditions; it must be upheld under all circumstances.
Bankruptcy Case
A legal proceeding involving a person or business that is unable to repay outstanding debts, overseen by a court.
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