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MATCHING Match Each Person with One of the Descriptions Below

question 53

Multiple Choice

MATCHING
Match each person with one of the descriptions below.
-Phyllis Schlafly


Definitions:

Unsecured Creditors

Unsecured Creditors are individuals or entities that have loaned money without taking collateral and thus stand last in line to be paid if the debtor defaults or files for bankruptcy.

Domestic-support Obligations

Financial commitments, such as alimony or child support, owed to a spouse, ex-spouse, or child usually as determined by court order.

Taxes

Mandatory financial contributions levied by governments on individuals and businesses to fund public expenditures.

Penalties

Sanctions or punishments imposed for violating laws or regulations, which can include fines, imprisonment, or other forms of punishment.

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