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Which of the Following Is NOT a Fixed Payment Loan

question 54

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Which of the following is NOT a fixed payment loan?


Definitions:

Disaffirm

The act of denying, rejecting, or nullifying a legal contract or agreement.

Rare Violin

A unique and often antique violin valued highly for its historical significance, craftsmanship, and sound quality.

Second-hand Furniture

Furniture that has been previously owned and used before being sold again.

Consideration

In contract law, something of value exchanged between parties, which is a necessary element for the formation of a legally binding contract.

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