Examlex
In terms of the classifications of collateral recognized by Article 9 of the Uniform Commercial Code (UCC), instruments include checks, notes, drafts, and certificates of deposit.
Voidable
Voidable is a legal term describing a contract or transaction that may be valid but can be annulled by one of the parties due to certain deficiencies.
Undue Influence
A situation where an individual is able to persuade another's decisions due to the relationship between the two parties, often leading to an unfair advantage.
Dominant Person
An individual or entity in a position of power or influence over others, often within a legal or business context.
Mistakes
Errors or inaccuracies in actions or judgments.
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