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Two major forms of ____________________ control,bureaucratic control and decentralized control,represent opposite ends of a continuum.
Security Interest
A lawful assertion or encumbrance on property used as security, often aimed at guaranteeing loan repayment.
Trustee in Bankruptcy
An individual or entity appointed to oversee and administer the estate of a bankrupt entity to ensure fair distribution of assets to creditors.
Default
Failure to fulfill a legal obligation, especially failing to make required payments on a loan.
Secure Transaction
A transaction that is safeguarded through the use of security measures to prevent unauthorized access, ensuring the integrity and confidentiality of the data exchanged.
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