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Business English Exercises
 

Personal Guarantees

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Home > Teaching Business English > Business English Lessons, Advanced Level # 402
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personal guarantees answer 1
In a limited liability partnership, several individuals or companies share the costs and profits of the business, but their responsibility is restricted to the sum of money they have invested and to any personal guarantees given.

Correct answer: (c) liability

Meaning of business term liability
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personal guarantees, question 1 personal guarantees, accounting terminology liability, qqq, subchapter, actuals, what does liability mean?

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personal guarantees answer 2
The QQQ, also called the 'Cubes', is an exchange-traded fund; it tracks the NASDAQ 100 index, containing the key stocks of the NASDAQ Composite Index quoted each night on the TV news.

Correct answer: (c) QQQ

Meaning of business term QQQ
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personal guarantees, question 2 lending credit vocab liquidity, appraisers, furthest, mutual, involuntary, what does qqq mean?

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personal guarantees answer 3
In a Subchapter S corporation, the net profit or loss is deemed distributed to its shareholders, who must include it in their individual tax returns irrespective of whether they actually receive the cash.

Correct answer: (c) Subchapter

Meaning of business term Subchapter
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personal guarantees, question 3 mergers acquisitions words plaguing, coalesced, constitutes, what does subchapter mean?

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personal guarantees answer 4
Actuals form a part of trading in the market: such a commodity is traded for either cash or some other commodity, and this transaction includes an exchange between two or more parties as well as delivery of the goods transacted.

Correct answer: (a) Actuals

Meaning of business term Actuals
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personal guarantees, question 4 mutual funds terms ravages, pervasive, up, waged, primacy, what does actuals mean?

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personal guarantees answer 5
The firm thinks that the end of the recession is too distant to warrant buying cyclical stocks, so it is buying the secular stocks that are attempting to reduce expenses and manage their way toward recovery.

Correct answer: (b) secular

Meaning of business term secular
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personal guarantees, question 5 real estate words pivotal, ferocity, array, peer, what does secular mean? what is the definition for secular?

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personal guarantees answer 6
A balanced budget is reached when the government can equate revenues with expenditure over the business cycle; this makes allowance for a deficit during periods of low economic activity, which must nevertheless be matched by a surplus during periods of high activity.

Correct answer: (a) A balanced

Meaning of business term A balanced
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personal guarantees, question 6 personal guarantees, retirement words perish, inseparable, ownership, deterioration, what does a balanced mean?

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personal guarantees answer 7
Under the FRB's Regulation T, a restricted account is not permitted to initiate a debit balance for any reason; buy orders are only accepted if cleared funds are in the account, and this condition holds until 90 days from the date of the transaction.

Correct answer: (d) restricted

Meaning of business term restricted
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personal guarantees, question 7 terms of stock haphazard, meet, central, fall, address, what does restricted mean?

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personal guarantees answer 8
The committee scrutinizes the state's capital budget, which allocates money for construction and repair of public structures and other long-term investments like land acquisition and transfer, and also includes funds given or loaned to local governments and non-profit organizations.

Correct answer: (a) capital

Meaning of business term capital
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personal guarantees, question 8 technical analysis words event, firm, spiral, alternative, cost of, what does capital mean?

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personal guarantees answer 9
The U.S. Department of Labor statistics that will be published tomorrow by The Springfield Gazette present the civilian unemployment rate as the best measure of the national labor market rather than the overall rate, whose base includes US-based military personnel.

Correct answer: (a) civilian

Meaning of business term civilian
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personal guarantees, question 9 trading words balanced, hedge, commitment, exchange, what does civilian mean?

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personal guarantees answer 10
The European Leasing Barometer measures the expectations of leasing professionals in the next six months in consideration of the state of the general economy, the leasing sector and their own businesses, and as such functions as a good confidence indicator.

Correct answer: (a) confidence

Meaning of business term confidence
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personal guarantees, question 10 venture capital words ex-all, mutual, trust fund, little, what does confidence mean?

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
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EFL/ESL Links: Virtual Economy • Insurance vocabulary actuarial, suitability, remics, inflection • Virtual Economy (Answers) • Technical analysis words event, firm, spiral, alternative, cost of • Marketing Strategy • Financial words device, inform, spreading, foremost, makes • Marketing Strategy (Answers) • Terms of stock haphazard, meet, central, fall, address • Services Marketing • Business vocabulary disposition, lifelong, induction, facing • Services Marketing (Answers) • Retirement words perish, inseparable, ownership, deterioration • University Public Relations • Dividends words debacle, inestimably, exemplary, faceted • University Public Relations (Answers) • Real estate words pivotal, ferocity, array, peer • The GATT System • Brokerages term concerted, enshrined, quilt, conviction, abrogated • The GATT System (Answers) • Mutual funds terms ravages, pervasive, up, waged, primacy • Gray Market Goods • Ipos terminology alleged, facie, burden, held, before • Gray Market Goods (Answers) • Mergers acquisitions words plaguing, coalesced, constitutes • SLR • Law estate terms spreads, story, direct, final, rate lock • SLR (Answers) • Lending credit vocab liquidity, appraisers, furthest, mutual, involuntary • ESL test: Personal Guarantees • Banking term list confidence, civilian, capital, restricted • ESL Audio Online - English MP3 - English Pronunciation
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