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Gleim REG > Business Law > Flashcards

Business Law Flashcards

1
Q

Cosurety’s contributive share

A

(maximum liability of the cosurety)/(sum of maximum liability of each cosurety)*(default amount)

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2
Q

Holder in Due Course (HDC) Rights forumla

A

amount payable under the instrument*(value of part performance)/(value of full performance)

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Gleim REG (2 decks)

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