In a Worksheet, the ____ Is Called the Formula Prefix

question 392

Multiple Choice

In a worksheet, the ____ is called the formula prefix.

• A) minus sign (-)
• B) plus sign (+)
• C) pound sign (#)
• D) equal sign (=)

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Definitions:

Accommodation Indorser

A party who endorses a negotiable instrument for the purpose of lending their credit to another party without direct benefit.

Contractual Liability

Contractual liability involves obligations that a party has agreed to assume in a contract, making them legally responsible for fulfilling the terms of the agreement.

Transfer Warranty

A guarantee in legal documents, especially in sales of goods, assuring the recipient that the transferor has valid title and that the transfer is rightful.

Presentment Warranty

Assurance given in a transaction that certain facts are true as of the time of the deal, generally related to financial instruments.