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Which of the Following Best Explains 'Concern Guarantee

Question 19

Multiple Choice

Which of the following best explains 'concern guarantee'? 


A)  Guarantee issue by supplier. 
B)  Guarantee issued by the bank of the supplier. 
C)  Holding company secures payment for agreed sum in case business unit fails to make payments. 
D)  Business unit guarantees to pay holding company.

Correct Answer:

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