Suretyship and guaranty transactions have the common feature of a promise to answer for the debt or default of another
Indicate whether the statement is true or false
True
You might also like to view...
Which of the following is an inherent limitation associated with asking the customer for identifying information for building a data warehouse?
A. Some customers may feel that the sales associate is violating their privacy. B. Customers may give more information than what the sales associate can record. C. Some identifying information is illegal to use for marketing purposes. D. Customer consent is mandatory in the U.S. for using personal information. E. If the information provided is inaccurate, the retailer may be held liable.
In addition to performing arithmetic functions on data, the arithmetic-logic unit is also capable of comparing the size of data
Indicate whether the statement is true or false.
The consolidation of AB Corporation and YZ Corporation requires the affirmative majority vote of:
A) the boards of directors and shareholders of both corporations. B) the boards of directors of both corporations, but not the shareholders. C) the shareholders of both corporations, but not the boards of directors. D) the directors and shareholders of one of the corporations, but not both corporations.
In the context of the right to private property, identify a true statement about capitalist economy.
A. Individuals have the right to will property to family members. B. The government does not impose any restrictions on the right to property. C. Businesses are not free to buy property as they see fit. D. Individuals are not free to sell property according to their wishes.