Examlex
All of the following are operations associated with collision repair EXCEPT:
Good Faith
The sincere intention to be fair, open, and honest, regardless of the outcome of the interaction.
Ordinary Course
Pertains to regular business activities and operations conducted by an entity under normal circumstances.
Security Interest
A financial mechanism that gives a lender priority over the borrower's assets or property in the case of default.
Financing Statement
A document filed by a creditor to indicate a security interest in the personal property of a debtor, used to perfect a lien.
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