Examlex
If a creditor surrenders collateral to the debtor without the consent of the guarantor,this can reduce the obligation of the guarantor.
Rethinking
The process of revising or reconsidering previously held beliefs, ideas, or strategies.
Framing
A cognitive bias in which people react to a particular choice in different ways depending on how it is presented.
Concept
A mental category that is used to group objects, events, and characteristics.
Heuristic
A simple, efficient rule, whether hard-coded by evolutionary processes or learned, used to make decisions or solve problems.
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