What contractual defenses are available to those parties involved in surety relationships?
a. The nonexistence of the principal debtor's obligation.
b. Discharge of the principal debtor's obligation.
c. Modification of the principal debtor's contract.
d. All of these.
d
You might also like to view...
Appropriateness of evidence is a measure of which of the following?
a. Quantity of evidence. b. Quality of evidence. c. Sufficiency of evidence. d. Meaning of evidence.
Which of the following is not classified as paid-in capital on the balance sheet?
A) common stock B) common stock distributable C) donated capital D) treasury stock
There are three work centers (A, B, and C) behind the financial aid counter at a nearby university. They can each fit into any of three office spaces (1, 2, and 3 ) off the corridor behind the desk
There is no student contact in these areas, only workers. The distance 1-2 is 20 feet, 2-3 is 30 feet, and 1-3 is 50 feet. The matrix of work (trips per day) at the three centers are shown in the following table. Remember that each trip must be a round-trip (from 1 to 2 and back, for example). A B C A -- 20 0 B 45 -- 25 C 60 0 -- (a) How many possible assignments are there? List them. (b) Calculate the total distance traveled in each of these assignments. (c) Which assignment minimizes distance traveled?
Answer the following statement(s) true (T) or false (F)
1. The service sector is the dominant sector in terms of new business start-ups, but not jobs. 2. About 70 percent of the GDP is provided by the service sector of the economy. 3. The total amount of information in the world is doubling every five years. 4. Big businesses are likely to be a major source of jobs and economic influence for quite a while. 5. Small businesses are not likely to be a major player in the U. S. economy.