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Which of the Following Definitions Is Too Narrow

question 35

Multiple Choice

Which of the following definitions is too narrow?


Definitions:

Personal Property Security Registry

A public database where security interests in personal property (assets other than real estate) are registered to establish priority of claims for creditors.

Bankruptcy

A condition that arises when a person commits an act of bankruptcy under the Bankruptcy and Insolvency Act.

Assignment Of Book Debts

The transfer of the right to collect debts owed to a business, typically to secure a loan or as part of a financial arrangement.

Crystallization

The process in which a solid forms, where atoms or molecules are highly structured in a pattern extending in all three spatial dimensions.

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