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Lisa took her computer to ABC Computer Sales and Repair,Inc.ABC mistakenly sold her computer to Rafi.Lisa may successfully sue Rafi for return of the computer.
High-priced Item
An item or asset that has a high cost or value, often relative to similar items in the market.
Low Collateral Value
Low collateral value refers to assets that have declined in worth, offering less security for loans and reducing borrowing capacity.
Credit Scoring
A system used by lenders to evaluate the creditworthiness of potential borrowers, resulting in a score that predicts the likelihood of repayment.
Probability of Default
The probability that a borrower will fail to fulfill their debt responsibilities.
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