Chapter 10
chapter 11
Chapter 12
Chapter 13
chapter 14
100
A signature on the back of a negotiable instrument is called a
blank indorsement
100
Loanee
The party who buys good on credit or borrows money is called the?
100
10 years
A bankruptcy remains on a debtor's credit report for
100
general agent
A person who has been given authority to perform any act within the scope of a business is a
100
double representation
When an agent works for two competing principals simultaneously this is called
200
sight draft
A draft that is payable upon presentation to the drawee is an
200
Open-end credit
Charge accounts are examples of
200
chapter 12
The type of bankruptcy available to family farmers and fishing businesses is
200
agency of estoppel
one kind of agency that is created by operation law is
200
mutual agreement
An agent's obligation to deal honestly with another party is
300
time draft
A draft that is payable at a future date is an
300
Collateral
The property pledged by the debtor as security for the debt is the
300
Fair credit reporting Act
The federal law that grants individuals the right to know what is contained in their credit reports in called the
300
master
A person who has the right to control the conduct of another who is performing a task for that person is an
300
indmnification
An agent who suffers a loss as a result of a principal's instructions is entitled to
400
certificate of deposit
A not issued by a bank that earns interest oveer a specific period of time is a
400
$50
If unauthorized charges are made on a credit care before the issuing company is notified the cardholder is liable for
400
credit reporting agencies
Equifax is one of three national
400
gratuitous agent
An agent who represent a principal for free is a
400
cooperation
A principal who makes his or her agent's job difficult or impossible has breached the duty of
500
voidable check
a check that is more than six months old is a
500
Secondary party
A guarantor who agrees to pay off a debt only if the debtor defaults is also called a
500
Equal Credit Opportunity Act
The federal law that makes it illegal for businesses to discriminate against credit applicants on the bases of gender is called
500
third party
The person with whom the agent deals on behalf of the principal is the
500
Respondeat superior
vicarious liability is based on the principle of
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