Examlex
What can be included in your credit report?
Solvent
The state of having assets exceed liabilities, allowing an individual or company to meet its financial obligations.
Delegation
means to transfer authority or responsibility to another person to carry out specific activities.
Assignee
The party to whom rights or interests are transferred by another, often used in context of contracts, leases, or other agreements.
American Rule
A legal principle stating that each party in a lawsuit is responsible for paying its own attorney fees, except as otherwise provided by statute or contract.
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