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An adult has the legal right to ask a parent, guardian, or other adult to co-sign a contract
made with a minor.
For an instrument to be negotiable, the promise or order must be
____________________.
The bankruptcy of the agent may terminate the agency relationship.
Rescission of a contract is generally a voluntary act by the parties.
Items of value that may be pledged as security for the repayment of a loan are called
____________________.
What is an e-signature? Is the e-signature an acceptable form of signature in the
business world?
An insurance policy that covers losses from different types of damage is called a(n)
____________________ policy.
A person has taken an instrument ____________________ if he or she takes the
instrument in payment of a prior debt.
