An unsecured bond or note issued by a business firm is called a:
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If two minors enter into a contract, each has the right to a…
If two minors enter into a contract, each has the right to avoid it.
It is NOT a contract injuring the public service to agree to…
It is NOT a contract injuring the public service to agree to:
The intentional transfer of possession and control of someth…
The intentional transfer of possession and control of something is called:
A system of shortening the trip a check makes from the payee…
A system of shortening the trip a check makes from the payee to the drawee bank and then to the drawer is called check ________.
The right of the agent to be reimbursed by the principal for…
The right of the agent to be reimbursed by the principal for a loss incurred by the agent while carrying out his or her agency duties is the right to ________.
Warranties of the assignor include:
Warranties of the assignor include:
When an assignment is made by acts of the parties, it:
When an assignment is made by acts of the parties, it:
A person to whom the promissee owes an obligation or duty th…
A person to whom the promissee owes an obligation or duty that will be discharged to the extent that the promisor performs the promise is called the ________ beneficiary.
If a negotiable instrument is only partially filled in and s…
If a negotiable instrument is only partially filled in and signed before delivery: