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Running Times in the 100-Meter Dash Have Decreased Due to

question 64

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Running times in the 100-meter dash have decreased due to


Definitions:

Revised Article 9

An update to the Uniform Commercial Code that deals with secured transactions, outlining the rules regarding the granting of a security interest in personal property.

UCC

An all-encompassing body of laws, known as the Uniform Commercial Code, administers the conduct of commercial transactions throughout the United States.

Secured Transactions

A financial arrangement where the borrower guarantees the repayment of a debt by giving the lender a security interest in certain assets as collateral.

Security Interest

A legal claim or right granted by a debtor to a creditor over the debtor's property, securing the payment of a debt or performance of some other obligation.

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