@CarolinAnn11 In stock and share,it is not a sum of money but an interest of shareholder. 2 types of shares are registered shares and bearer securities.There are 5 advantages and disadvantages of stocks and shares as security.5 new procedure of shares replaced the old one.#FIN360#BA1195B
@CarolinAnn11 Fourth, the expression is to be contained and the execution must be attested of witness by lawyer. There are also 5 termination of guarantee and also special types of guarantors. For joint and several guarantee, a creditor can enjoys additional advantages #FIN360#BA1195B
@CarolinAnn11 Bank will take 5 steps when taking the gurantor which the bank will check financial standing of the proposed guarantor, have guarantee in writing, explain the necessary terms and conditions of guarantee to the guarantor so misrepresented did not happen. #FIN360#BA1195B
@CarolinAnn11 There are 4 circumstances guarantor may escape such as mistake as the nature of document signed, undue influence, misrepresentation of the document and bank's fiduciary duty to guarantors as customers of the bank. #FIN360#BA1195B
@CarolinAnn11 For guarantee there are 3 main parties involved and 2 types of guarantee such specific and continuing guarantee. There is also indemnity contract according to sec.77 contract act 1950. There are 4 advantages and disadvantages for guarantee. #FIN360#BA1195B
@CarolinAnn11 There are 2 types of securities that i learnt today such as guarantees & indemnities, stock and shares. There are also 4 characteristics of good security which is easy to value, easy to take as security, easy to dispose or sell and the security is indefensibility.#FIN360#BA1195B