Examlex
Which of the following statements is true?
Statutory Assignment
An assignment that meets certain qualifications and under which the assignee can enforce a claim directly without involving the assignor.
Perished
Refers to goods or property that has been destroyed or has deteriorated to the point where it is no longer usable or valuable.
Lumber
Processed wood used for building and construction purposes.
Void
Describes a contract or legal agreement that has no legal force or effect, making it unenforceable from the outset.
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