Examlex
Perceptual constancy is a phenomenon in which physical objects are perceived as unvarying and consistent despite changes in their appearance or in the physical environment.
Fraud in the Inducement
A deceptive practice where one party uses fraudulent acts to entice another party into a contract, which can render the contract voidable.
Real Defense
A genuine, substantial defense claim raised in a legal dispute, often based on factual evidence and legal principles.
Holders in Due Course
Parties who have obtained a negotiable instrument in good faith and for value, and thus have certain protections against defenses and claims that could be asserted against the original payee.
Alteration
Alteration involves making a change or modification to something, often to improve it or adjust it to different requirements.
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