Examlex
In which case might an organization be willing to spend a great deal of money on a selection battery?
Security Interest
A legal claim or lien on collateral that secures the performance of an obligation, giving the holder a right to the property if the obligation is not met.
Real Property
Land and anything permanently attached to it, such as buildings or trees.
Principal Debtor
The primary individual or entity legally obligated to repay a debt or loan.
Capacity
In legal context, it refers to the ability of an individual to understand the nature and effects of one's actions, including the ability to make contracts or execute wills.
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