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It is common for shareholders to initiate litigation when
Collateral
A form of security provided by the borrower to the lender, consisting of property or assets, that can be taken possession of should the borrower fail to repay the loan.
Unconscionability
describes a situation where a contract or clause is so unfair to one party that no reasonable or informed person would agree to it.
Good Faith
Acting with honest intent and without intent to defraud or seek unfair advantage.
Default
Failure to fulfill an obligation, especially failure to meet a financial obligation or appear in a legal action.
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