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You Are Writing a Report About New Regulations That Affect

question 9

Multiple Choice

You are writing a report about new regulations that affect your company. Your primary audience of company executives is very busy and will read your report quickly, but the secondary and tertiary audiences are likely to read more slowly and carefully. Which of the following options is most appropriate for your situation?


Definitions:

Lienholder

A lienholder is an individual or entity that has a legal right or interest in a piece of property until a debt or loan associated with that property is fully repaid.

Possess

To have or hold something as one's own, to control or occupy something whether physically or legally.

Ownership

The legal right to possess, use, and dispose of something, encompassing both tangible and intangible assets.

Subrogation

The legal right of an insurance company to pursue a third party that caused an insurance loss to the insured, in order to recover the amount of the claim paid to the insured.

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