TransUnion Is Not One of the Three Primary Credit Bureaus

question 70

True/False

TransUnion is not one of the three primary credit bureaus.

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Definitions:

Commence Construction

The act of starting the building or assembly process on a site.

Secondary Liability

Legal responsibility that arises from facilitating or indirectly participating in a wrongful act, not as a direct perpetrator.

Guarantee

A formal promise or assurance that certain conditions will be fulfilled, often relating to the quality or durability of an item or the outcome of a deal.

Indemnity

A contractual obligation of one party to compensate the loss incurred by the other party.