Examlex
A term that refers to the borrower's assets or net worth is called:
Material Alteration
A significant change to a document or contract that can affect its validity or alter its meaning and obligations.
Defense
The act of defending against a charge, accusation, or claim in legal proceedings or contexts.
Mentally Incompetent
A legal status indicating that an individual is not capable of managing their affairs due to mental incapacity.
Promissory Notes
Written promises to pay a specified sum of money to a certain person at a specified time or on demand.
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