Examlex
Which one of the following is a main-group element?
Assignment
A transfer of rights, property, or responsibilities from one party to another.
Defenses
Arguments and strategies used in legal proceedings by the defendant to challenge, mitigate, or nullify the claims made by the plaintiff.
Equity Credit
The provision of credit or financing based on the borrower's ownership stakes in assets rather than on their creditworthiness alone.
Negotiable Instrument
A written promise to pay a certain sum of money, which can be demanded or paid at an agreed time, specifying the person responsible for payment in the document.
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