Examlex

Solved

The Effectiveness of Evidence Depends Primarily on

question 24

Multiple Choice

The effectiveness of evidence depends primarily on


Definitions:

Consideration

Something of value that is given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.

Chattel Paper

A document or electronic record that evidences both a monetary obligation and a security interest in specific goods or a lease of specific goods.

Monetary Obligation

A monetary obligation is a legal requirement to pay a certain amount of money, often arising from contracts, loans, or fines.

Specific Goods

Items distinctly identified at the time a contract of sale is made, distinguishing them from other goods.

Related Questions