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.
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Related Book For
Business Law And Strategy
ISBN: 9780077614683
1st Edition
Authors: Sean Melvin, David Orozco, F E Guerra Pujol
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