In 2007,in Order for a Person to Be in the Top

question 131

Multiple Choice

In 2007,in order for a person to be in the top 400 wealthiest people in the U.S.one had to have more than
In wealth.

• A)$1 million
• B)$100 million
• C)$1 billion
• D)$100 billion

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Definitions:

Negotiable Interest

An interest in a financial asset, like a note or draft, that can be transferred from one party to another in a manner that the transferee gains legal ownership and the right to enforce the instrument.

Primarily Liable

Having the main or first responsibility for fulfilling an obligation or debt.

Imposter

A person who deceives others by pretending to be someone else for personal or financial gain.

Obligor

A person or entity legally bound to provide a payment, service, or other benefit to another (the obligee) under the terms of a contract or legal agreement.