Wright cosigned King's loan from Ace Bank. Which of the following events would release Wright from the obligation to pay the loan?
A. Ace seeking payment of the loan only from Wright.
B. King is granted a discharge in bankruptcy.
C. Ace is paid in full by King's spouse.
D. King is adjudicated mentally incompetent.
C. Ace is paid in full by King's spouse.
Business
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A government document that creates a corporation and defines its authority is called a:
A. corporate charter. B. state charter. C. commerce charter. D. director's charter.
Business
Which of the following is true?
A. Instead of a summary, a thesis or topic sentence is usually sufficient to preview the content of letters and memos. B. Readers expect a summary to be complete, yet concise. C. Never assume that global audiences will understand facts that you consider common knowledge. D. All of the above.
Business