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Shelter Principle
A legal concept in property law that allows a person who purchases goods from a non-owner to acquire valid title under certain conditions, provided the seller had derivative authority to sell.
Holder-In-Due-Course Doctrine
A principle in commercial law that protects a purchaser of a negotiable instrument who takes it for value, in good faith, and without notice of any defect.
Financial Transactions
The exchange of assets between parties, often involving money, securities, or other forms of financial instruments.
Ethnocentrism
The act of judging another culture solely by the values and standards of one's own culture.
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