Examlex
Which of the following is not a component of the human factor?
Purchase Money Security Interest
A legal claim that allows a lender to repossess or foreclose on property if the borrower fails to repay a loan used to purchase the property.
Bankruptcy
A legal process that allows individuals or entities unable to meet their financial obligations the opportunity to discharge or reorganize their debts.
Court Order
An official proclamation by a judge that defines the legal relationships between the parties to a hearing, a trial, an appeal or other court proceedings.
Repossess
Repossess is the act of a lender or seller taking back property from the borrower or buyer, usually due to failure to meet the terms of payment or other conditions of the agreement.
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