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What three criteria must be met to identify a governmental unit as a primary government?
Good-Faith Purchaser
An individual who buys property without knowledge of any existing claims or defects against it, thereby gaining legal protection.
Goods-In-Bailment Contract
An agreement involving the temporary transfer of personal property to another party for a specific purpose.
Nonnegotiable
Something that cannot be bought, sold, or transferred to another party, or a term or condition that is not open to discussion or modification.
Document of Title
A legal document proving a person's rights to the property or goods listed on it.
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