Examlex

Solved

Tech-Prep Schools Enable Students To

question 90

Multiple Choice

Tech-prep schools enable students to:


Definitions:

Lienholder

A person or entity that has a legal right or claim on another's property until a debt or duty owed by the property owner is satisfied.

Security Interest

A legal claim or lien on collateral that secures the performance of an obligation, typically repayment of a debt.

Accommodation Surety

A guarantor who agrees to be responsible for someone else's debt or obligation without receiving any benefit.

Bonding Company

A company that provides financial assurance to a third party through a bond, guaranteeing the performance of an individual's or company's obligations.

Related Questions