Examlex
Identify/define and explain the significance of the following: Privy Council.
Repossessed
The act of taking back goods or property by a seller or lender from the buyer or borrower due to non-compliance with the terms of the sale or loan.
Resold
The act of selling an item or property again, especially after purchasing it from the original seller.
Registration
A legislated requirement for incorporating a company in some jurisdictions in Canada.
Personal Property Security Act
A body of law that governs the rights of creditors and debtors with respect to personal property used as security.
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