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Alan won a $50,000 judgment against Henderson.However,Henderson refused to pay the amount to Alan.To counter Henderson,Alan obtained a postjudgment writ from the court whereby the court directed the town sheriff to seize Henderson's automobile and other property and have them publicly auctioned off to cover the amount owed to Alan.Which of the following writs did Alan motion the court to seize Henderson's property?
Semiannual Interest
The interest on a financial obligation, such as a bond or loan, that is paid twice a year.
Fiscal Year
A one-year period companies use for accounting purposes and preparing financial statements, which may or may not align with the calendar year.
Convertible Bond
A type of bond that can be converted into a predetermined amount of the issuing company's equity at certain times during its life.
Contract Rate
A predetermined fixed rate in a contract used to calculate payments, often found in finance agreements.
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