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On Default, Unless the Security Agreement States Otherwise, the Secured

question 9

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On default, unless the security agreement states otherwise, the secured party has the right to repossess collateral.


Definitions:

Stress Inoculation Training

A therapeutic technique that helps individuals build resilience by exposing them to manageable levels of stress in a controlled environment.

Psychoanalysis

A therapeutic approach developed by Freud, focusing on unconscious processes as they are manifested in a person's behavior and emphasizes the exploration of dreams, symbolic meanings, and free association.

Systematic Desensitization

A behavioral therapy technique used to gradually reduce anxiety through controlled exposure to feared stimuli.

Cognitive Therapy

A type of psychotherapy that aims to change negative patterns of thinking or behavior to treat psychological disorders and improve mental health.

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