Examlex
The Multilevel list button is used to create a(n) ____.
Liability
An obligation that an individual or entity has to another individual or entity, often involving the payment of money.
Interest
The cost that creditors charge for use of their capital.
Moral Hazard
The risk that one party to an agreement can change their behavior to the detriment of another after the transaction has taken place, often due to asymmetrical information.
Bonded
indicates a state of being secured by a bond, involving a financial guarantee or protection against losses.
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