A creditor will have to exhaust all the possible legal procedures to try to collect from the principal debtor before he can collect from a conditional guarantor of collection
a. True
b. False
Indicate whether the statement is true or false
True
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Define the calculated incompetence approach.
What will be an ideal response?
Features of a 401(k) plan include all of the following except:
a. Pension benefits are based on past earnings and length of service with the company. b. The employer may match a certain portion of the employee's investment. c. Taxes are deferred on wages invested in the plan. d. Investments may be made in company stock, mutual funds or other investment vehicles.
A lien release can be used by the property owner to defeat a statutory lienholder's attempt to obtain payment.
Answer the following statement true (T) or false (F)
EDLP refers to _______.
a. everyday low pricing b. everyday limited production c. everyday limited promotions d. everyday low production