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Essentials of Business Law 7th Edition by Anthony Liuzzo
Edition 7ISBN: 978-1121749979Essentials of Business Law 7th Edition by Anthony Liuzzo
Edition 7ISBN: 978-1121749979 Exercise 7
Match each of the numbered definitions with the correct term in the following list. Write the letter of your choice in the answer column.
a. assignee
b. assignment
c. assignor
d. bankrupt
e. delegation
f. guarantor
g. incidental beneficiary
h. novation
i. personal-service contract
j. third-party beneficiary
The state of a person or firm recognized to be unable to pay obligations.
a. assignee
b. assignment
c. assignor
d. bankrupt
e. delegation
f. guarantor
g. incidental beneficiary
h. novation
i. personal-service contract
j. third-party beneficiary
The state of a person or firm recognized to be unable to pay obligations.
Explanation
Verified
Verified
Bankrupt:
Being bankrupt is the status ...
Essentials of Business Law 7th Edition by Anthony Liuzzo
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