Examlex

Solved

Which of the Following Refers to the State of Being

question 45

Multiple Choice

Which of the following refers to the state of being contrary to generally accepted standards of morality or decency?


Definitions:

Installment Note

A financial instrument that requires the issuer to make regular payments of both principal and interest to the holder until the debt is paid off.

Interest Portion

Part of a loan payment that is attributed to interest charges on the borrowed principal amount.

Principal Amount

The original sum of money borrowed in a loan or put into an investment, excluding interest or profit.

Installment Note

A debt instrument that requires regular payments, or installments, of principal and interest over a set period of time until the full amount, including interest, is paid.

Related Questions