Examlex
The police generally are not liable if an offender commits suicide while in police custody.
Perfecting
The process of making a security interest or right legally enforceable against third parties, usually by filing a public notice.
Letter-of-credit Rights
Rights to payment under a letter of credit, which is a document from a bank guaranteeing that a seller will receive payment if certain conditions are met.
Economic Benefit
An economic benefit is a gain or advantage, usually measured in terms of money or value, received as a result of an action or transaction.
Statute of Frauds
A legal doctrine that requires certain types of contracts to be executed in writing and signed by the party to be charged.
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