Examlex
Which of the following is incorrect in relation to Federal Government Ministers.They are:
Simple Interest Rate
A method of calculating interest where the interest charge is based on the original principal only.
Payments
Transfers of money in exchange for goods or services or as fulfillment of obligations under a contract.
Agreement
A mutual arrangement, typically in writing, between two or more parties detailing the terms and conditions of a deal or partnership.
Conditional Sale Contract
An agreement to sell an asset where the full payment is due after certain conditions have been met.
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