Examlex
Which of the following statements is FALSE?
Assignment
The transfer of rights, property, or obligations from one party to another, often seen in contracts and lease agreements.
Contractual Obligations
Duties that a party is legally bound to perform as per the terms of a contract.
Debris
The remains of something that has been destroyed or broken up.
Bankrupt
A legal status in which a person or entity is unable to repay the debts it owes to creditors.
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