Finance
A 'second lien position' holder in Georgia is at greater risk than a first lien holder because:
AThey have superior priority
BThey are paid only after the first lien holder is satisfied in a foreclosure✓ Correct
CThey hold no security interest
DThey must foreclose separately from the first lien holder
Explanation
A second lien is subordinate to the first lien. In foreclosure, the first lien holder is paid first. If proceeds are insufficient, the second lien holder may receive nothing, making their position riskier.
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