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Explain the Two Types of Costs Associated with Default on Debt

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Explain the two types of costs associated with default on debt.


Definitions:

Learning Disorders

Neurodevelopmental disorders that affect the brain's ability to receive, process, analyze, or store information, making it difficult to learn in a typical manner.

Communication Disorders

Disorders characterized by persistent difficulties in the acquisition and use of language and other means of communicating.

Delirium

A sudden change in the brain that causes mental confusion and emotional disruption, often resulting from illness, medication, or surgery.

Dementia

A broad category of brain diseases that result in a long-term and often gradual decrease in the ability to think and remember, significantly affecting a person's daily functioning.

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