Examlex
Which of the following is easily determined using the position of the Sun or stars?
Future Advancement
A provision in a financial agreement allowing for additional funds or resources to be provided in the future under certain conditions or upon reaching certain milestones.
Security Agreements
Legal contracts that create a lien on assets, providing a lender with a security interest in the assets of the borrower.
Collateral
Assets pledged as security for repayment of a loan, subject to seizure on default.
Repossess Collateral
The act of taking back goods or property by a creditor or seller from the borrower or buyer due to defaults on payment terms.
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