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Which of the following statements is true of Mendel's laws?
Assignment
Assignment refers to the transfer of rights, property, or responsibilities from one party to another.
Negotiable Instrument
A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee able to transfer it to another holder.
Consideration
In contract law, something of value given by one party in exchange for something of value from another party, forming the basis for a contract.
Binding Contract
An agreement between parties that is legally enforceable in a court of law.
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