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Match the Suffix with the Correct Definition

question 101

Multiple Choice

Match the suffix with the correct definition.
--scope


Definitions:

Contract of Guarantee

A contract where a third party agrees to be responsible for the debt or obligations of a borrower in case the borrower fails to fulfill their contractual obligations.

Unsigned Note

A note or document that lacks the signature of the party or parties involved, potentially affecting its legal enforceability.

Consideration

The value (such as money, services, or goods) that is given in exchange for a contractual promise or action.

Debt Collection

The process of pursuing payments of debts owed by individuals or businesses.

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