Summations Are Also Known as

question 36

Multiple Choice

Summations are also known as

• A) abridgment.
• B) closing arguments.
• C) deliberations.
• D) terminal consideration.

---

Definitions:

Another Person

Refers to an individual or entity distinct from the parties directly involved in an agreement or legal case.

Security Deposits

Funds held by a landlord or property manager for a potential need related to rental property damage or non-payment, to be returned or applied as specified in a rental agreement.

Written Accounting

A detailed, formal report that records financial activities and transactions, typically prepared by an accountant or auditor.

Implied Warranty

An unwritten guarantee that the product or service sold is fit for the purpose intended and meets the buyer's expectations.