The Concept of Decentralization Is Closely Related to the Concept

question 51

True/False

The concept of decentralization is closely related to the concept of delegation.

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Definitions:

Guarantee

A collateral promise (in writing) to answer for the debt of another (the principal debtor) if the debtor should default in payment.

Demand for Payment

A formal request issued by a creditor to a debtor requiring payment of an outstanding debt by a specific date.

Guarantee

A formal assurance or promise, typically in writing, that certain conditions will be fulfilled, including the quality and durability of a product or service.

Writing

The act or process of composing text or inscriptions.