Examlex
Married couples enter the "empty nest" stage once their children start living on their own.
Financing Statement
A document that lists the names and addresses of all the parties involved in the transaction, a description of the collateral, and the signature of the debtor.
Federal Trade Commission
A United States federal agency established to protect consumers and ensure a strong competitive market by enforcing antitrust and consumer protection laws.
Secured Party's Interest
refers to the legal claim or right a lender holds in the borrower's collateral in case the borrower defaults on the loan.
Uniform Commercial Code
A comprehensive set of laws governing all commercial transactions in the United States, intended to harmonize the law of sales and other commercial transactions across states.
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