Examlex
Which statement about the Racketeer Influenced and Corrupt Organization (RICO) Act is true?
Unsecured Credit
Credit that is issued and supported only by the borrower's creditworthiness, without any collateral.
Commercial Context
Refers to situations, activities, or transactions that are related to the commercial or business sector.
Mechanic's Lien
is a legal claim against a property for unpaid construction work or supplies, giving workers and suppliers a form of security for their investment.
Priority
In legal and financial contexts, it refers to the order of precedence in rights, claims, access, or treatment.
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