Examlex

Solved

Match Each of the Following Terms with Its Corresponding Definition

question 11

Multiple Choice

Match each of the following terms with its corresponding definition.
-The use of previously written software resources,especially objects and components,in new applications.


Definitions:

Resold

The act of selling an item or property again, especially after purchasing it from the original seller.

Registration

A legislated requirement for incorporating a company in some jurisdictions in Canada.

Personal Property Security Act

A body of law that governs the rights of creditors and debtors with respect to personal property used as security.

Secured Transaction

A collateral right to debt giving the creditor the right to take back the goods or intercept the debt owing used as security in the event of default.

Related Questions