A Guaranty of Payment Creates A(n)

question 36

Multiple Choice

A guaranty of payment creates a(n) :

• A) contract of surety.
• B) contract of credit.
• C) letter of credit.
• D) absolute guaranty.

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Definitions:

Belief

Way in which you structure your understanding of reality-what is true and what is false for you.

Value

Enduring concept of good and bad, right and wrong.

Motive

An inner drive or reason that causes a person to act in a certain way or pursue particular goals.

Life Position

A concept from transactional analysis that describes an individual's general attitude towards life and others, which can significantly influence their interactions and relationships.