Examlex
Another name for the "necessary and proper" clause regarding Congressional power is the elastic clause.
Perfection Method
Legal procedures used to establish a secured party's rights in a collateral against third parties, especially in bankruptcy.
Deposit Account
A bank account that allows the holder to deposit and withdraw money, including savings accounts, checking accounts, and money market accounts.
Control
The power or authority to manage, direct, or influence something or someone.
Possession
The condition or reality of being the owner or holder of an item, in either a physical or legal capacity.
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