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

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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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Business Law And Strategy

ISBN: 9780077614683

1st Edition

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

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