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August 8, 1922
Krazy Kat by George Herriman
[ID: Ignatz Mouse stands in front of Kolin Kelly's Brick Yard, staring at a sign posted on the front door that reads, "CLOSED. No Bricks Today." /end]
Ignatz: Dawgunnit, my whole day is ruined.
[ID: Ignatz, startled, turns around to see Krazy Kat walking up behind him with a brick in his hand. /end]
Ignatz: Hoh, bless my heart, there's the old kid himself. With a "brick," too.
Krazy: Tata, taaa, roppa top tup.
[ID: Ignatz hands a large coin to an overjoyed Krazy, who hands over the brick. /end]
Ignatz: I'll give you this big dollar for that brick.
Krazy: You're on.
[INFLATION GUIDE: Not totally sure what the exchange rate for Coconino County is, but assuming they use USD, that'd be around $17.75 in 2022 dollars. /end]
[ID: Krazy admires the coin in his hand while Ignatz, behind him, takes aim. /end]
Krazy: A whole dolla, golla, wotta lotta money for a mere "brick," l'il Jenny Rossity wot him is.
Ignatz: H-hah. Wait till he finds out that that dollar is made of lead.
[ID: Ignatz ZIPs the brick at the back of Krazy's head, striking it with a YOP and sending him flying forward. He drops the coin. /end]
Krazy: Oh-ho. He sends the "brick" beck, I guess he din't like it.
Krazy: Money beck if not setisfied is my motta.
[ID: Krazy ZIPs the lead coin back at Ignatz's head, striking with a GUNK and sending him flying forward with x'ed out eyes. /end]
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Bank Guarantee
A bank guarantee is a kind of what is bank guarantee from a lending institute or assurance that the financial institution gives to an external party if the borrower cannot repay the debt or meet its financial liability. In such a case, the bank will refund the amount to the party to whom the guarantee is issued. If a bank guarantee enables the customer (or debtor) to acquire goods, buy equipment, or draw down a loan.
There are different kinds of bank guarantees, which are direct and indirect guarantees.
Indirect guarantee - Banks typically use direct guarantees in foreign or domestic business, issued directly to the beneficiary.
Direct guarantee – it applies when the bank’s security does not rely on the existence, validity, and enforceability of the main obligation.
There are key features of the bank guarantee.
A bank guarantee is when a lending institution promises to cover a loss if a borrower defaults on a loan.
Parties to a loan choose direct guarantees for international and cross-border transactions.
The guarantee provides additional risk to the lender, so loans with such a guarantee will come with greater costs or interest rates.
For example, Mr. A contracted with Mr. B to complete the project within the stipulated time. In addition, Mr. must furnish a bank guarantee so that if the project is not completed within the said time, they can recover the loss incurred by Mr. A. therefore, Mr. B shall apply for a performance guarantee as it is linked to the performance of the contract.
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Against this, there was a deteriorating trend in overdue accounts in the consumer loans business of AGC.
"Westpac: The Bank That Broke the Bank" - Edna Carew
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Best Loan App in India for Quick and Hassle-Free Personal Loans: ATD Money
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