Examlex
A consequence that decreases the future likelihood of the behavior that it follows is called
Risk Of Loss
The potential for an asset to be lost, damaged, or destroyed, impacting its owner's financial position.
Goods-In-Bailment Contract
An agreement where personal property is transferred temporarily into the custody of another for a designated purpose.
Negotiable Document
A document guaranteeing the transfer of certain rights which can be transferred from one party to another through endorsement or delivery.
Nonnegotiable Document
A legal or official document whose terms and conditions cannot be altered or bargained over.
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