Examlex
How did the mandate system work in the Middle East? Who profited most from this system?
Surety's Obligation
A legal responsibility assumed by a surety, guaranteeing the performance or obligations of another party.
Debt
Money owed by one party to another under the condition of repayment.
Surety
A financial guarantee by a third party (the surety) to cover a debtor's obligations in case of default.
Rights to Collateral
Legal entitlements of a secured creditor to seize and sell the collateral if the debtor fails to fulfill the obligations of the loan or debt agreement.
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