The defunct philippine statistics office forced the agency to transfer all its employeres and assets to the newly established national statistics office
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Inference or General text clue...
Explanation:
Inference or General text clue- is a type of context clue that provides the meaning of unfamiliar words that can be inferred or guessed from the description of the situation. The author provides non-specific clues, often spread over the sentence or number of sentence.
So it's up to you to decide if I am correct its just my opinion.
The defunct Philippine Statistics Office forced the agency to transfer all its employees and assets to the newly established National Statistics Office....
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Cause-and-Effect
The defunct philippine statistics office forced the agency to transfer all its employeres and assets to the newly established national statistics office
- An asset reconstruction company is a unique kind of financial institution that purchases the bank's debtors at a price that is mutually agreed upon and makes an independent attempt to recover the debts or related securities.
- A percentage of the bank's debts that meet the criteria to be classified as non-performing assets are assumed by the ARCs. As a result, ARCs either reconstruct assets, securitize them, or do both.
- The lender (the bank) would surrender to the ARC all of its rights with regard to the debt. Such debts can be bought with the necessary finances, which can be obtained from qualified buyers.
- For the purpose of realising it, it is the acquisition of any right or interest by any bank or financial institution in any loans, advances made, debentures, bonds, guarantees, or other credit facilities offered by banks. Financial help refers to all such loans, advances, bonds, guarantees, and other credit facilities put together.
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