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Which of the Following Socio-Economic Factors in a Given Area

question 54

Multiple Choice

Which of the following socio-economic factors in a given area tends to lead to greater loss of life and property damage in the event of a disaster?


Definitions:

Security Interest

A legal claim or lien on collateral that secures the performance of an obligation, giving the holder a right to the property if the obligation is not met.

Real Property

Land and anything permanently attached to it, such as buildings or trees.

Principal Debtor

The primary individual or entity legally obligated to repay a debt or loan.

Capacity

In legal context, it refers to the ability of an individual to understand the nature and effects of one's actions, including the ability to make contracts or execute wills.

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