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The Textbook Presented a Model of Numerous Interactive Influences That

question 106

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The textbook presented a model of numerous interactive influences that exist in a systems view of families. The outermost circle was


Definitions:

Valid Liens

Legally enforceable claims or rights against property to secure the payment of a debt or obligation.

Conditional Sale Agreement

A contract for the sale of goods where the purchase price is paid in installments and the ownership of the goods does not pass to the buyer until certain conditions, usually the full payment of the purchase price, are met.

Personal Property Security Registry

A public database where security interests in personal property (assets other than real estate) are registered to establish priority of claims for creditors.

Bankruptcy

A condition that arises when a person commits an act of bankruptcy under the Bankruptcy and Insolvency Act.

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