Which of the following matters need not be included in a letter of demand?
A) Details of the outcome that will follow from judgement in favour of the creditor.
B) Details of the outstanding debt.
C) A fixed date by which payment must be made.
D) A statement demanding payment.
Correct Answer:
Verified
Q22: Which of the following obligations is not
Q23: Which of the following terms is not
Q24: Legal proceedings against a debtor will generally
Q25: What is a 'guarantee'?
A)An arrangement in which
Q26: A customer's credit report does not:
A)include personal
Q28: A 'creditor' is:
A)a banking institution.
B)a lending institution.
C)any
Q29: A business's credit policy will not generally
Q30: The form of ADR that occurs when
Q31: Which of the following statements is true
Q32: What happens if a guarantor is called
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