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________ Skills Are Job-Specific Skills Required to Perform a Particular

question 49

Multiple Choice

________ skills are job-specific skills required to perform a particular type of work or occupation at a high level.


Definitions:

Deficiency Judgment

A judgment against a debtor for the amount of a debt remaining unpaid after collateral has been repossessed and sold.

Floating Lien

A type of security interest or lien that attaches to assets that are subject to change in quantity and value.

Security Interest

A legal claim or right granted to a creditor or lender over the borrower's assets as a form of security for the repayment of a loan.

Collateral

Collateral is an asset or property that a borrower offers to a lender as security for a loan, which can be seized by the lender if the loan is not repaid according to the agreement.

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