Instructions: Identify the Following Term(s)

question 80

Short Answer

Instructions: Identify the following term(s).
the third estate

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Definitions:

Equitable Liens

A legal right or interest in a debtor's property, granted by a court to a creditor as a form of security for a debt or obligation.

Sales Contract

A legally binding agreement between a seller and a buyer detailing the sale of goods or services.

Court

A governmental institution authorized to settle disputes, adjudicate legal matters, and administer justice in accordance with the law.

Statute of Frauds

A legal principle that requires certain types of contracts to be in writing and signed by the parties involved in order to be enforceable.