The Legal Right to Seize and Dispose of Property to Obtain

question 65

Multiple Choice

The legal right to seize and dispose of property to obtain payment of an unpaid claim is called a(n)

• A)acceleration clause.
• B)garnishment.
• C)chattel mortgage.
• D)lien.

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Definitions:

Decisions Made

The act of reaching a conclusion or making up one's mind about something.

Process Check

An evaluation or review of the procedures and methods used in an operation or project to ensure they are effective and efficient.

Evaluation Stage

A phase in a process where the outcomes or results are critically assessed for their effectiveness, quality, or value.

Presentation

The act of showing or explaining the content of a topic to an audience or group.