Examlex
What is the classification of a covenant requiring a borrower to maintain assets, collateral, or other securities?
Equitable Assignment
The transfer of future rights to benefits in a contract to another party, recognized by equity courts.
Novation
The process of replacing an existing obligation with a new one, effectively transferring the rights and duties to another party.
Breach of Contract
The act of not executing any part of a contract, either written or oral, lacking a legitimate legal rationale.
Non Est Factum
A legal defense claiming a person signed a document without understanding its nature due to a fundamental mistake.
Q1: Based on Moody's rating scale, what grade
Q10: The built environment is:<br>A) that created by
Q11: Calculate the ratio of debt-to-total capitalization given
Q11: In an M&A transaction, when is a
Q15: The number of distinct, primary emotions is
Q22: Tourism suppliers use a distribution system because:<br>A)
Q23: To explain the events that occur after
Q25: Who undertook the first definitive study of
Q30: If there is a conflict between common
Q31: Physical evidence at a hit-and-run scene could