Examlex
Which of the following increases the chances of business failures?
Time Of Payment
The specific period or date by which payment for goods or services received must be made.
Voidable Instrument
A financial document or contract that is valid but may be annulled by one or more of the parties to the contract.
IOU Instrument
A document acknowledging a debt or an obligation to pay a specified sum of money to another party.
Payable On Demand
A financial agreement or instrument that requires payment when requested by the holder.
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