Fact Pattern 28-1B

question 18

Multiple Choice

Fact Pattern 28-1B
Chocolate! Chocolate! Corporation is a new company that needs to borrow money to meet its payroll.Dayna,president and owner of Chocolate! Chocolate!,asks Evermore Credit Union to loan the funds to Chocolate! Chocolate!
-Refer to Fact Pattern 28-1B.If Evermore insists that Dayna sign the loan applica?tion,making her personally liable for payment whether or not Chocolate! Chocolate! defaults,Dayna will be

• A)a surety.
• B)a lienor.
• C)a garnishee.
• D)a guarantor.

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Definitions:

Funeral Industry

A sector encompassing companies and services related to the management and conduct of funerals, including burials and cremations.

Ethical Questions

Queries that relate to moral principles or the propriety of particular behaviors within a business context.

Ethical Decision-Making Framework

A structured approach to making decisions that consider moral principles and values alongside business objectives.

Ethical Decision

A choice made based on moral principles and values, typically considering what is right, fair, and good for all stakeholders.