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Refer to the Canadian metallic deposits map (fig.20.4)to answer the question(s)below.
-Put a big triangle around a mine in a Precambrian iron formation.
Secured Property
Refers to assets that are pledged as collateral for a loan, providing the lender with security that the loan will be repaid.
Perfect
In legal and financial contexts, this term often refers to the act of making a security interest or claim valid and enforceable against third parties.
Security Interest
A legal claim or lien on collateral that has been pledged, usually to secure the repayment of a loan.
Secured Party
A lender or creditor who holds an interest in the collateral provided by the debtor to secure a loan or obligation.
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