Examlex
Which of the following terms best describes a loan where a larger line of credit or lower interest rate has been obtained by providing collateral to back that loan?
Proof of Service
A document filed with a court that details the delivery of legal papers to another party in accordance with the law.
Default Judgment
A court decision in favor of the plaintiff when the defendant fails to respond or appear in court.
Plaintiff
An individual or entity who initiates a lawsuit against another party in a court of law.
FRCP 8(b)
A rule in the Federal Rules of Civil Procedure related to the requirements for responding to a pleading.
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