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A(n) _____ is an activity, event or other stimulus which causes either a positive or negative reaction in the body.
Perfected Security Interest
A legal claim or lien that has been formally established or registered, providing a creditor priority over other claimants in case of debtor default.
Bankruptcy
A legal procedure for dealing with debt problems of individuals and businesses; specifically, a case filed under one of the chapters of title 11 of the United States Code (the Bankruptcy Code).
Superior Rights
Superior rights denote a higher or preeminent claim or entitlement to property, benefits, or legal priority over others.
After-Acquired Property Clause
A provision in a legal agreement that allows a creditor to claim ownership of assets acquired by the debtor after the signing of the agreement.
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