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In order to aid project team to make a decision of an acquisition, they employ several approaches to gather additional information. The document that solicits a formal proposal from a potential vendor, developer, or service provider is called _________
Collateral
Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the loan is not repaid.
Auto Sales & Finance
The business operations related to selling automobiles to consumers, usually involving financing options to assist with the purchase.
Co-Surety
A joint surety; one who assumes liability jointly with another surety for the payment of an obligation.
Debtor
An individual or organization that owes money or debt to another entity.
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