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________ offer short-term secured loans to high-risk borrowers. These loans usually require collateral.
Contract Formed
The point at which an agreement becomes legally binding, after all parties meet the necessary legal requirements.
Delegated
Pertains to the transfer of authority or responsibility from one entity or person to another, often seen in organizational or governmental contexts.
Express Provision
A specific clause in a contract or legal document that explicitly states an agreement or condition.
Contract
A contract is a legally enforceable agreement between two or more parties that is bound by mutual consent and consideration.
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