A loans B money, and C promises to pay the loan if B defaults. C is a:

A) Surety.
B) Guarantor.
C) Cosigner.
D) Fool.


B

Business

You might also like to view...

One of the issues facing advertisers is which medium or media to use when communicating with global target markets. Discuss how these media differ from country to country, giving examples

What will be an ideal response?

Business

Explain the three core components of Social Exchange Theory. Describe how they work together to predict satisfaction and stability.

What will be an ideal response?

Business

James and Sia share similar attitudes about a number of different issues and grew up in similar cultural backgrounds. They are both reasonably attractive. If James and Sia formed a relationship, it would likely be explained by (the) ______.

a. Social Exchange Theory b. matching hypothesis c. halo effect d. horns effect

Business

The major difference between accounting for pensions and the accounting for other postretirement benefits is that firms

a. do not need to report an excess of the accumulated benefits obligations over assets in a postretirement benefits fund as a liability on the balance sheet. b. do not need to disclose any estimates used in calculating projected benefits. c. postretirement benefits are normally not material for most companies and do not need to be disclosed. d. do not need to set aside funds for future postretirement benefits as they do for pension benefits.

Business