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There Is No Such Thing as a Guaranteed Loan--Especially with the SBA

question 86

True/False

There is no such thing as a guaranteed loan--especially with the SBA.


Definitions:

Trade-Secret Protection

Legal practices and measures to safeguard a company's confidential business information from unauthorized access or theft.

Unlawful Appropriation

Refers to the illegal or unauthorized taking or use of someone else's property or funds.

Common Law

A body of unwritten laws based on legal precedents established by the courts, influencing and guiding current and future legal decisions.

Inter Vivos Gift

A gift made during the giver's lifetime, without expectation of death, transferring ownership immediately.

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