Examlex
Identify and discuss the variables that contribute to the ability of interest groups to successfully organize.
Transaction
An exchange or transfer of goods, services, or funds between parties.
Unsecured Creditor
A creditor who has extended credit without obtaining any collateral, making them more vulnerable in the event of debtor default.
Secured Creditor
A creditor that may look to particular assets of the debtor to ensure payment of the debt.
Chattel Mortgage
A chattel mortgage is a loan agreement where personal movable property is used as collateral for the loan, and the borrower retains possession while the lender has a security interest.
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