Examlex
As one of the framers of our constitution, Alexander Hamilton was very vocal in his fear of "tyranny of the masses," which he believed could lead to instability in governance. Hamilton's answer to this challenge was ___________.
Bankruptcy Code
Federal laws governing the process through which individuals or entities unable to meet their financial obligations can obtain relief from debts.
Special Protections
Legal measures and regulations designed to ensure the safety and rights of specific groups of individuals or classes of subjects, typically those who are vulnerable or at risk.
Secured Creditors
Creditors who have a legal claim to specific assets of the debtor as collateral for the debt they are owed, providing them with a level of protection in case of the debtor's default.
Exempt
To be free from an obligation, duty, or liability to which others may be subject; typically used in contexts like taxes, legal requirements, or regulations.
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