Examlex
Identify a true statement about a pardon.
Agricultural Liens
Security interests in farm products, such as crops or livestock, which secure payment or performance of an obligation.
Unperfected
Refers to a security interest in property that has not been properly registered or publicized, and therefore may not have priority over other claims.
Surety
A person or entity that takes responsibility for someone else's performance, such as repaying a loan, appearing in court, or fulfilling a contract.
Creditor's Risk
The risk that a creditor will not receive the outstanding debt owed by a borrower, due to the borrower's default or inability to pay.
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