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The Tang dynasty made knowledge of classical Chinese and Confucianism the primary route to power and the means for uniting the Chinese state by establishing a civil services examination system that tested candidates in their literary skills and knowledge of the Confucian classics.
Exempt Property
Assets that are protected by law from being seized by creditors or during bankruptcy proceedings.
Collateral
Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower fails to make payments.
Creditor
An individual or organization to whom money is owed by a debtor.
Co-Sign
To sign a legal document alongside another person, often agreeing to take responsibility if the primary signer fails to meet the terms.
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