Question: A written pledge by a borrower to pay a certain sum of money to a creditor at a specified future date is called: Group of

A written pledge by a borrower to pay a certain sum of money to a creditor at a specified future date is called:
Group of answer choices
collateral.
a factor account.
a term loan agreement.
a promissory note.
a charge account.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

please try it. WEEK 8 ASSIGNMENT Credited.com CROSSWORD CLUES Across 1. All the activities concemed with obtaining money and using it effectively 4. A guaranteed line of credit 5. A financial...

Q:

WEEK 8 ASSIGNMENT Credited.com CROSSWORD CLUES Across 1. All the activities concemed with obtaining money and using it effectively 4. A guaranteed line of credit 5. A financial statement that...

Q:

QUESTION 1 A sequence of organizations that directs a product from the producer to the ultimate user is called a(n) _____. a. intermediary network b. distribution channel c. traditional channel d....

Q:

A written pledge by a borrower to pay a certain sum of money to a creditor at a specified future date is called: a. a promissory note. b. a factor account. c. a charge account. d. collateral. e. a ter

Q:

Which of the following is not one of the top four social networking sites used by business? a . Pinterest b . YouTube c . Facebook d . Twitter e . LinkedIn Indicate whether the statement is true or...

Q:

A written pledge by a boerower to pay a certain sum of money to a croditor at a specified fuhure date is called: a . a mermsiveriry mola b . collateral. ca fictor accoumt. d . a term loan agreement....

Q:

I've attached the question as a word file, thanks! JWCL165_c10_444-505.qxd 8/12/09 7:24 AM Page 444 10 Liabilities Chapter STUDY OBJECTIVES After studying this chapter, you should be able to: 1...

Q:

I've attached the question as a word file, thanks! JWCL165_c10_444-505.qxd 8/12/09 7:24 AM Page 444 10 Liabilities Chapter STUDY OBJECTIVES After studying this chapter, you should be able to: 1...

Q:

I need a tutor help answer this question. Read the article ?Who Regulates Whom and How?? in the module resources and answer the following prompts in your initial post: Identify three policy problems...

Q:

Hi, can you help me with this question? I attached the file and other people's assignment. I hope these two can help you finish my assignment. Read the article ?Who Regulates Whom and How?? in the...

Q:

Yong owns 100% of Theta Corporation stock having a $600,000 adjusted basis. As part of the merger of Theta into Alpha Corporation, Yong exchanges his Theta stock for $750,000 cash and Alpha common...

Q:

Fill in the blank. methods cannot be defined in the class Your answer members are accessible only within the class Your answer members with cess specifier are members of the package Your answer

Q:

The standard deviation on Stock I ' s return is 2 5 . 2 6 selected answer incorrectpercent, and the Stock I beta is 0 . 8 7 selected answer incorrect. The standarddeviation on Stock II's return is 2...

Q:

-/1 View Policies Current Attempt in Progress The following amortization and interest schedule reflects the issuance of 10-year bonds by Bridgeport Corporation on January 1, 2014, and the subsequent...