____ Putty Is Used to Repair Defects After the Final

question 2

Multiple Choice

____ putty is used to repair defects after the final finishing of the project is complete.

• A) Lacquer
• B) Hardening
• C) Solid
• D) Nonhardening

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Definitions:

Liabilities

Financial obligations of a business, including money owed to creditors or suppliers.

Financial Instrument

Any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.

Bank Overdraft

A facility that allows an individual or business to withdraw more money from a bank account than has been deposited, up to an agreed limit.

Notes Payable

A liability represented by a written promise to pay a specific sum of money, usually with interest, by a specified date.