Choose the Word or Phrase in [ ] Which Will

question 1

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The purpose of the debt service ratio is to show the amount of your income needed to pay your [current liabilities | monthly loan payments].

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Definitions:

Prompt Shipment

The action of sending goods quickly and without delay following the receipt of an order.

Negotiation

The transfer of an instrument in such form that the transferee becomes a holder.

Written Form

Refers to the requirement for certain agreements or documents to be in writing in order to be legally enforceable or valid.

Accepted

Accepted in legal and commercial contexts refers to the express or implied agreement to the terms of an offer, thereby creating a binding contract.