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The fulcrum lies between the applied force and the resistance in a third-class lever.
State Agency
An organization or body created by the government to carry out specific functions on a state level.
Chattel Paper
A writing that indicates both a monetary obligation and a security interest in specific goods.
Monetary Obligation
A legal requirement to pay a certain amount of money, arising from contractual agreements, fines, or other legal instruments.
Security Interest
A legal claim or right granted over assets as security for the repayment of a debt or performance of some obligation.