Examlex
Anything of value owned by a person or a firm is
Common Law
A body of unwritten laws based on legal precedents established by the courts, influencing the decision-making in novel cases where the outcome cannot be determined based on existing statutes or written rules of law.
Statutory Law
Laws established by legislative bodies such as Congress or Parliament.
Mediation
A conflict resolution process involving a neutral third party who helps disputing parties find a mutually acceptable solution.
Third Party
An entity that is involved in a transaction but is not one of the principal parties, often providing an intermediary service or additional perspective.
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