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List 7 Funding Sources of Nonfinancial Institutions as Described in the Text

question 27

Essay

List 7 funding sources of nonfinancial institutions as described in the text.


Definitions:

Original Duty

The fundamental obligation or responsibility that a party has in a contractual or legal relationship.

Enforce

To compel obedience or compliance through legal or authoritative means; to ensure the fulfillment of a requirement.

Give Consideration

In contract law, the act of offering something of value, required by both parties for a contract to be legally binding.

Promissory Estoppel

A legal principle that prevents a person from going back on a promise even when a legal contract does not exist.

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