Examlex
What is an entry made to the right side of an account called?
Legal Ownership
The recognized right under the law of a person or entity to possess, use, and dispose of a particular property or asset.
Acceptance
A key factor in the agreement element of a contract; consists of the agreement of one party, the offeree, to the terms of the offer in the contract made by the other party, the offeror.
True Value
The actual, intrinsic value of an asset, investment, or property, considering all underlying factors.
Commingled Fungible Goods
Items that are interchangeable with others of the same type, which have been mixed or blended, making individual properties indistinguishable.
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