Farmer Mac Was Created to Provide a Secondary Market for Farm

question 10

True/False

Farmer Mac was created to provide a secondary market for farm loans.

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Definitions:

Legal Precedent

A legal case that establishes a principle or rule that courts may follow when deciding subsequent cases with similar issues or facts.

Duty of Care

A legal obligation to avoid conduct that could foreseeably harm others, often associated with negligence.

Legal Issue

A legal issue is a problem or dispute that involves matters governed by law, requiring the application of legal principles to resolve.

Discovery

The pre-trial phase in a lawsuit where each party investigates the facts of a case, by obtaining evidence from the opposing party and others.