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Ramone has learned about being a history teacher by tutoring small children. According to Krumboltz, this is an example of a (an)
Mortgagee
The party who lends money and takes back a mortgage as security for the loan.
Floating Lien
A floating lien is a type of security interest or charge over a pool of changing assets, such as inventory or accounts receivable.
Security Agreement
A legal document that provides a lender a security interest in a specific asset or property that serves as collateral for a loan.
Mortgage
A mortgage is a loan specifically for purchasing real estate, where the property itself serves as collateral for the loan.
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