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What are subprime mortgages and how were they a part of the Financial Crisis of 2007-2009?
Fiduciaries
Individuals or entities that hold a legal or ethical relationship of trust, requiring them to act in the best interest of the beneficiary.
Operating Agreement
A contract among the members of a Limited Liability Company (LLC) outlining the business's financial and functional decisions.
Transferee
An individual or entity that receives property, rights, or interests from a transferor.
LLC Member
An individual or entity that holds an ownership interest in a Limited Liability Company, participating in the management and operation of the LLC according to the terms of the operating agreement.
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