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To the Degree That the South Developed a Nonfarm Commercial

question 69

Short Answer

To the degree that the South developed a nonfarm commercial sector,it was largely to serve the needs of the ________ economy.


Definitions:

Assignment of Accounts Receivable

The transfer of the right to collect money owed on outstanding invoices from the original creditor to another party.

Security Interest

A lien given by a debtor to his creditor to secure payment or performance of a debt or obligation.

Sale of Goods

A transaction involving the transfer of ownership of goods from the seller to the buyer for a price.

Intent to Benefit

A principle that refers to the deliberate desire to provide benefits or advantages through a contract to a specific party or parties.

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