Examlex
________ weathering occurs when differences in resistance or environmental factors produce uneven surfaces on rocks.
Default
Failure to fulfill a legal obligation, especially failing to make required payments on a loan.
Secure Transaction
A transaction that is safeguarded through the use of security measures to prevent unauthorized access, ensuring the integrity and confidentiality of the data exchanged.
Private Agreements
Contracts or understandings between individuals or entities that are not subject to public disclosure.
Perfection by Attachment
Perfection by Attachment is a legal process in secured transactions under the UCC, ensuring a security interest attaches to the collateral and is enforceable against third parties.
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