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Examine the Five Words And/or Phrases and Determine the Relationship

question 1

Multiple Choice

Examine the five words and/or phrases and determine the relationship among the majority of words/phrases. Choose the one option that does not fit the pattern.


Definitions:

Surety

A person or entity that takes responsibility for another's performance of an undertaking, such as fulfilling the terms of a contract.

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.

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