Work Keys Exam With Complete Solution

Work Keys Exam With Complete Solution Appraisal practice of determining what something is worth Asset valuable property owned by a person or company Bankruptcy a legal status of a person or other entity that cannot repay the debts it owes Beneficiary a person who gains from something, especially a trust, will or life insurance policy Breach of contract term describing a situation where a binding agreement or bargained-for exchange is not honored by one or more of the parties Buyout the purchase of a controlling share in a company, usually forcing another owner out of the company Caveat emptor "buyer beware", the idea that the buyer has a responsibility not to get fooled by high-risk sales practices. Credit report report used by a lender to decide whether a person is likely to pay back a loan. Discount a reduction in price Downpayment money paid when a loan agreement is made impound seize and take legal custody of something because of a violation of a law or regulation interest fee, usually measured in percentage points, paid by a borrower to the owner as a compensation for the loan lender person or group who allows another to borrow money or assets.