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The tax that generates the most revenue for state and local government is the
Reasonable Expenses
Costs that are deemed necessary and appropriate under given circumstances, often in a legal or business context.
Junior Lienholders
Creditors who have claims on a property that are ranked below other debts in terms of repayment priority in case of default.
Collateral
A form of security provided by the borrower to the lender, consisting of property or assets, that can be taken possession of should the borrower fail to repay the loan.
Unconscionability
describes a situation where a contract or clause is so unfair to one party that no reasonable or informed person would agree to it.
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