A provision in a debtor-creditor agreement (or attachment) that provides assurances of payment by the principals of

Question:

A provision in a debtor-creditor agreement (or attachment)

that provides assurances of payment by the principals of a business entity in the event of a default is called a:

a. Demand agreement.

b. Principals pledge.

c. Pledge guaranty.

d. Personal guaranty.

e. None of the above.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Law And Strategy

ISBN: 9780077614683

1st Edition

Authors: Sean Melvin, David Orozco, F E Guerra Pujol

See More Books

Question Posted: Mar 07, 2024 02:01 AM

See More Questions

For leaders whose organizations have a broader _____ for instance, they understand that at all times they must service the environment, be socially responsible, and do all things with appropriate...
Required A. Calculate Mr. Worthy's minimum employment income for the current year. B. Assume Mr. Worthy had only $4,000 in commission income in addition to his $65,000 salary. Calculate Mr. Worthy's...
The 'Peal life describes some of the steps that BP took to reduce costs. Describe four root-cause cost drivers that a petroleum company like BP might identify to help them reduce costs.
Identify at least four well-defined KPIs that could be used by the general manager at a large, full service health club to track the current state of operations, including availability of trainers;...
Event E: rolling a number divisible by 4 A probability experiment consists of rolling a 12-sided die, numbered 1 to 12. Find the probability of the event.
1. Identify four probable causes for the lack of uniformity in the application of performance management practices. 2. What are your top three recommendations to ensure effective management of...
What John Medina writes about stress and its impact on the brain and How might your childhood experiences impact your brain and how it learns? How might sleep, exercise, and stress impact you?
In Father & Sons Home Improvement v. Stuart, the court held that Father & Sons: a. Filed a fraudulent lien. b. Could not garnish an HSA. c. Had made an error that did not impact the lien. d. A and B....
Lepler approached Barrie-Chivian about the possibility of loaning money to his real estate company, Russell Development, LLC. Barrie-Chivian agreed and lent the company a total of $150,000 in...
Read the article "Cyber Security Risk: Perception vs. Reality in Corporate America" https://www.wired.com/insights/2014/03/cyber-security-risk-perception-vs-reality-corporate-america/ After reading...
Indicate whether each of the following statements is true or false by writing T or F in the answer c olumn. Ratifi cation of a minors contracts must be in writing to be effective.
What does it mean to say that a trade was internalized at a broker-dealer?
Indicate whether each of the following statements is true or false by writing T or F in the answer c olumn. A minors disaffi rmance must be in writing to be effective.
Briefly describe the NBBO and the order protection rule. What regulation implemented them?
Describe some inventory control systems that are used in practice.
A hollow sphere with inner and outer radii of R1 and R2, respectively, is covered with a layer of insulation having an outer radius of R3. Derive an expression for the rate of heat transfer through...
Fahrad Inc. sells all of its product on account. Fahrad has the following accounts receivable payment experience: Percent paid in the month of sale .........10 Percent paid in the month after the...
How is the executive branch different from the legislative branch?
How does the authority of a municipal government come into existence?
Which level of government does paramountcy seem to favour?
B . After Talia completed her analysis, Clyde's attorney raised an objection. Talia asked to meet with Clyde again, and at that meeting Clyde told her that he believes that the cash on hand amounts...
Your firm has a new client, Viraj Kumar. On August 12, 2022 he went to the TCB Memphis Grille, a restaurant located within the City of Edmonton. He intended to get seated a table, to be joined by his...
Factor the polynomial completely. If the polynomial is prime, so state. 10) x2 -7x-18 11) x2 + 5x - 50 12) x+2x-120 13) x + 15x+54 14) z + 6z +9 15) 4x + 11x - 20 16) 5x - 17x-12 17) 8z2 + 6z - 9

A provision in a debtor-creditor agreement (or attachment) that provides assurances of payment by the principals of

Question:

Step by Step Answer:

d A provision in a debtorcreditor agreement that p...View the full answer

Business Law And Strategy

Students also viewed these Social Science questions