Examlex
Using the rules of significant figures, calculate the following:
Security Interest
An enforceable legal claim or lien on collateral that has been pledged, usually to obtain a loan, ensuring the right to seize said collateral if the loan is not repaid.
Antecedent Debt
Obligations or debts that exist before a particular agreement or transaction.
Buyer
An individual or entity that purchases goods or services.
Security Interest
A legal claim or right on property that is created by a security agreement as collateral to secure the performance of an obligation, such as repaying a loan.
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