Examlex
An Internal Affairs unit that waits for a complaint to be filed before carrying out an investigation is classified as .
Secured Party
A lender or creditor who holds an interest in the collateral provided by the debtor to secure a loan or obligation.
Chattel Paper
A writing that indicates both a monetary obligation and a security interest in specific goods.
Security Interest
A legal claim or lien on collateral that secures the performance of an obligation, such as repayment of a loan.
Ordinary Course
Refers to actions and transactions that are regular and normal for a particular business under the circumstances.
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