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Manuel still remembers the impact of his first university lecture in Australia.As a new immigrant,he was sincere in his desire to learn about the Australian culture that he had chosen to adopt.His lecturer taught Manuel many things about the ways of the Australian culture.In doing so,the lecturer was acting as a(n) ________.
Collateral
refers to assets that are pledged as security for the repayment of a loan, ensuring the lender can seize the assets if the loan is not repaid.
Reimbursement
The process of compensating someone for an expense they have incurred.
Surety
A person or entity that takes responsibility for another's performance of an undertaking, such as fulfilling the terms of a contract.
Outlays
Expenditures or the amount of money expended in the course of conducting business or executing a project.
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