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From your window you can see a high-rise building several blocks away.You check the map and see that the building is 560 m away from you in a straight line, in a direction 30° south of east.However, the roads are all east-west and north-south.If you want to walk from your house to the building, how far in each direction do you have to walk?
Repossess
The process by which a lender takes back property from the borrower due to failure in making the agreed payments.
Suretyship Provision
A clause in a contract that involves a third party (surety) who agrees to fulfill the obligations of the debtor if the debtor fails to do so.
Statute of Frauds
A legal principle that requires certain types of contracts, such as those involving real estate or lasting over a year, to be in writing to be enforceable.
Separately Negotiated
Terms, conditions, or agreements that have been individually discussed and agreed upon by the parties involved, rather than applied universally or as part of a standard procedure.
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