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en
MA
activity 6 matching puzzle
9
Document of title:Any written instrument
Collateral:is a borrower's pledge of specific property to a lender
Cosigning:a promise to pay another person's debt arising out of contract if that person fails to do so.
Guarantor:a person who pledges that a debt will be paid
Principal:the part of the amount borrowed which remains unpaid
Bilateral contract:a contract which requires agreement and performance from both parties to the contract
Negotiable contract:a contract that has room for adjustment
Bill of sale:a legal document made by a 'seller' to a purchaser
Stock:a business entity represents the original capital paid into or invested in the business by its founders.
activity 6 matching puzzle
1. | Stock | A. | Any written instrument |
2. | Negotiable contract | B. | is a borrower's pledge of specific property to a lender |
3. | Bilateral contract | C. | a business entity represents the original capital paid into or invested in the business by its founders. |
4. | Bill of sale | D. | the part of the amount borrowed which remains unpaid |
5. | Guarantor | E. | a contract that has room for adjustment |
6. | Cosigning | F. | a promise to pay another person's debt arising out of contract if that person fails to do so. |
7. | Document of title | G. | a contract which requires agreement and performance from both parties to the contract |
8. | Collateral | H. | a legal document made by a 'seller' to a purchaser |
9. | Principal | I. | a person who pledges that a debt will be paid |
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PuzzleFast.com, Noncommercial Use Only
activity 6 matching puzzle
1. | Stock → C |
2. | Negotiable contract → E |
3. | Bilateral contract → G |
4. | Bill of sale → H |
5. | Guarantor → I |
6. | Cosigning → F |
7. | Document of title → A |
8. | Collateral → B |
9. | Principal → D |
© 2012
PuzzleFast.com, Noncommercial Use Only