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An Employer Asking for a List of References from a Potential

question 83

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An employer asking for a list of references from a potential employee is an example of:


Definitions:

Repossess

The act of taking back ownership of property, typically by a lender or seller, from the borrower or buyer due to failure to meet repayment terms.

Financing Statement

A financing statement is a document filed by a creditor to indicate a security interest in the assets of a debtor, typically used in relation to secured transactions.

Purchase Money Security Interest

A legal claim that allows a lender to repossess or foreclose on property if the borrower fails to repay a loan used to purchase the property.

Bankruptcy

A legal process that allows individuals or entities unable to meet their financial obligations the opportunity to discharge or reorganize their debts.

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