A ________ is a person who agrees to pay a debt if the primary debtor does not
A) secondary contractor
B) third-party contractor
C) lessee
D) guarantor
D
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If the amount of a debt is "due and certain," ________.
A. there is a dispute about the amount of the debt B. there is a dispute about the existence of the debt C. a promise to pay less than the amount lacks consideration D. the debt is considered to be an unliquidated one
A lessor enters into a sales-type lease. Which of the following statements is true if the leased asset has an unguaranteed residual value?
A. The gross profit recognized is less than it would be if the residual was guaranteed. B. The gross profit recognized is more than it would be if the residual was guaranteed. C. The lessor should decrease the cost of goods sold by the amount of the unguaranteed residual value. D. The gross profit is the same as it would be if the residual was guaranteed.
A DES key is ________ bits long
A) 40 B) 56 C) 100 D) 128
________ refers to the process of placing a small charge on a credit card to ensure it is working
A) Hoarding B) Carding C) Phishing D) Credit card hijacking