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A Fast Food Joint Has Decided to Add a Pork

question 35

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A fast food joint has decided to add a pork sandwich to its menu.This is an example of a(n)


Definitions:

Promisor

A person or entity who makes a promise or commits to performing a specified action in a contract.

Face Amount

The nominal or dollar value stated on a financial instrument or security, such as a bond.

Maturity Date

The specific date on which the principal amount of a financial instrument, such as a bond or loan, becomes due and payable.

Term

A fixed or limited period for which something, such as an investment, insurance policy, or lease, lasts or is intended to last.

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