Examlex
Which of the following is true about social cohesion?
Personal Guarantees
Agreements where individuals commit to repay a loan or debt issued to their business in case of default, making them personally liable.
Term Loans
Fixed-amount loans from a financial institution to a borrower with a specified repayment schedule and a fixed or floating interest rate.
Restrictive Covenants
Clauses in contracts that restrict or limit actions of the parties involved, often used in real estate and employment agreements.
Lead Entrepreneur
The primary individual responsible for starting a new business or venture, often driving the vision and strategy forward.
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