Examlex
Which statement is FALSE regarding the use of ECT and drug therapies for treating depression?
Collateral
Property or assets that are pledged as security for the repayment of a loan, subject to seizure on default.
Consensual Secured Transaction
A financial agreement where both parties agree to the deal, and collateral is provided to secure the transaction.
Debtor
An individual or corporation that owes money or a debt to another, known as the creditor.
Collateral
Assets pledged as security for the repayment of a loan, forfeitable in the event of a default.
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