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All of the following formations are depressions EXCEPT one.Which one is the EXCEPTION?
Transfer Warranty
Guarantees made by the seller regarding the ownership and quality of property being sold, assuring it is free of claims or liens.
Consideration
Something of value exchanged between parties in a contract, which can include money, services, or goods, making the contract legally binding.
Indorsement
A signature or stamp placed on a negotiable instrument (such as a check) that indicates the future control or ownership of the instrument.
Secondary Liability
Secondary liability occurs when a party is held responsible for the actions of another, typically in situations where the primary party fails to fulfill their obligations.
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