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Exhibit 12-8 Which of the following does Exhibit 12-8 illustrate?
Plumbing Materials
Supplies and fixtures used in the installation, maintenance, and repair of water and drainage systems in buildings.
Electronic Record
Digital information that is recorded and stored in a form usable by a computer; it can include texts, images, data, or any other information in digital format.
Repossess
The process by which a lender takes back property from the borrower due to failure in making the agreed payments.
Suretyship Provision
A clause in a contract that involves a third party (surety) who agrees to fulfill the obligations of the debtor if the debtor fails to do so.
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