Examlex
Which of the following terms is best defined as a tendency to infer negative intent on the part of others in the face of ambiguous behavior from them?
Purchase-Money Security Interest
Purchase-money security interest is a legal claim or lien that allows a lender to repossess or claim goods purchased with borrowed funds if the borrower fails to meet the repayment terms.
Breached the Peace
This term refers to actions or behaviors that disturb public order or tranquility, often used in legal contexts regarding disturbances of peace.
Financing Statement
A document filed by a creditor to indicate a security interest in the personal property of a debtor, used in securing loans.
Financing Statement
A form filed to give public notice of a secured party's interest in the debtor's collateral, facilitating the priority of claims in case of default.
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