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document of title :A bill of lading that states that the goods are consigned to a named person is not made negotiable by a provision that the goods are to be delivered only against an order in a record signed by the same or another named person.
collateral : something pledged as security for repayment of a loan, to be forfeited in the event of a default.
cosigning : he act of signing for another person's debt which involves a legal obligation made by the cosigner to make payment on the other person's debt should that person default.
guarantor : a person or organization who provides a guaranty.
principal : first in order of importance; main.
bilateral contract : a reciprocal arrangement between two parties where each promises to perform an act in exchange for the other party's act.
negotiable contract : a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time, with the payer named on the document.
bill of sale : a certificate of transfer of personal property.
stock : the capital raised by a business or corporation through the issue and subscription of shares.
| 1. | document of title | A. | first in order of importance; main. |
| 2. | collateral | B. | a certificate of transfer of personal property. |
| 3. | cosigning | C. | A bill of lading that states that the goods are consigned to a named person is not made negotiable by a provision that the goods are to be delivered only against an order in a record signed by the same or another named person. |
| 4. | guarantor | D. | a reciprocal arrangement between two parties where each promises to perform an act in exchange for the other party's act. |
| 5. | principal | E. | the capital raised by a business or corporation through the issue and subscription of shares. |
| 6. | bilateral contract | F. | a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time, with the payer named on the document. |
| 7. | negotiable contract | G. | a person or organization who provides a guaranty. |
| 8. | bill of sale | H. | something pledged as security for repayment of a loan, to be forfeited in the event of a default. |
| 9. | stock | I. | he act of signing for another person's debt which involves a legal obligation made by the cosigner to make payment on the other person's debt should that person default. |
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| 1. | document of title → C |
| 2. | collateral → H |
| 3. | cosigning → I |
| 4. | guarantor → G |
| 5. | principal → A |
| 6. | bilateral contract → D |
| 7. | negotiable contract → F |
| 8. | bill of sale → B |
| 9. | stock → E |
© 2015
PuzzleFast.com, Noncommercial Use Only