The state of a person or fi rm recognized to be unable to pay obligations. a. assignee

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The state of a person or fi rm recognized to be unable to pay obligations.

a. assignee

b. assignment

c. assignor

d. bankrupt

e. delegation

f. guarantor g. incidental benefi ciary h. novation i. personal-service c ontract j. third-party benefi ciary

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Related Book For  answer-question

Essentials Of Business Law

ISBN: 9780073377056

7th Edition

Authors: Anthony Liuzzo, Joseph Bonnice

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