Entitlement and Fairness Are

question 24

Multiple Choice

Entitlement and fairness are

• A) two of the biggest conflict triggers.
• B) stages in the conflict process.
• C) types of interpersonal conflict.
• D) points on the struggle spectrum.

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Definitions:

Security Agreement

A legal contract that grants a lender a security interest in an asset, which serves as collateral for a loan.

Standards

Established requirements, criteria, or guidelines commonly used for comparison, measurement, or quality assessment.

Default

Failing to fulfill a legal obligation or agreement, particularly in paying back a loan.

Secured Creditor

A creditor with the benefit of a security interest in assets of the debtor, giving them a preferential position in the event of the debtor's insolvency.