Examlex
All well-designed control systems involve the use of __________ to determine whether performance meets established standards.
Rescission
The legal action of cancelling, terminating, or annulling a contract, restoring the parties to their original positions prior to the agreement.
Surety
A person or entity that takes responsibility for another's performance of an undertaking, such as fulfilling the terms of a contract.
Fraud
A deliberate deception practiced to secure unfair or unlawful gain.
Article 9
A provision under the Uniform Commercial Code (UCC) dealing with secured transactions in personal property, where a creditor has a security interest in the debtor's property.
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