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_____________, is seen as an example of an upstanding practitioner with strong principles of ethical management and a symmetrical worldview. He saw winning public approval, confidence, and trust as essential to successful management, and famously said, "All business begins with the public permission and exists by public approval."
Principal's Obligation
A duty or responsibility that a principal must fulfill as part of an agreement, particularly in agency relationships.
Repayment Period
The time frame agreed upon within a loan agreement for the borrower to pay back the borrowed amount plus any applicable interest.
Promissory Note
Commercial paper or instrument in which the maker promises to pay a specific sum of money to another person, to his order, or to bearer.
Cosign
To sign jointly with another or others, especially in agreeing to be responsible for a loan if the primary borrower defaults.
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