Replace Option Field from the Personal/Corporate Guarantee

Aug 6th, 2022
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How to Replace Option Field from the Personal/Corporate Guarantee

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hello and welcome back for another video on power query im going to show you how you can replace values in a column and depending on the condition do a replacement and if the condition is not met do something else stay tuned the data set that were looking at is all kinds of restaurants and the data set contains a column that shows whether smoking is allowed for the exercise here we have learned that in the city of tomato malabas if i pronounce it correctly is not allowed to be smoking anymore so whereas it says yes sometimes were not going to want to see no everywhere so to check that the first check that one can do is of course the just for the easiest steps show which of these uh are going to be changed so i could write if state equals to multiples then were gonna change it and else were not going to change it just as a helper column condition true so for each condition that is met here were going to want to change this column here and were going to want to conditionally repla

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It defines a contract of guarantees a contract to perform the promise or discharge the liability of a third person in case of his default. The person who gives the guarantee is called surety. The person of whose default the guarantee is given is called the Principal debtor.
How to Limit a Personal Guarantee Refuse to sign or simply cross out the guarantee language. Define when the personal guarantee would go into effect. Decrease personal guarantee with improved business performance or passage of time. Limit a guarantee. Revoke old guarantees. Suggest terms of relief.
A limited personal guarantee basically means that if you default on your loan, you share the burden of repayment amongst any shareholder that has a 20 percent stake, or more, in your company.
The difference between corporate and personal guarantors is quite simple: a personal guarantor is an individual who agrees to take on the obligations of a debt for a debtor, whereas a corporate guarantor is a corporation that takes on payment responsibilities.
Retrospective guarantee It is a guarantee issued when the debt is already outstanding. Prospective guarantee Given in regard to a future debt. Specific guarantee Also known as a simple guarantee, its a type that is used when dealing with a single transaction, and therefore a single debt.
Main types of bank guarantees Guarantee of payment. Guarantees of advance payment return. Contract execution guarantee. Tender guarantees. Guarantee in favor of the customs authorities. Guarantees of warranty execution. Guarantee of credit return.
A personal guarantee is an agreement between a business owner and lender, stating that the individual who signs is responsible for paying back a loan should the business ever be unable to make payments. There are a number of scenarios when a personal guarantee would be used, for example: Business loans.
Types of Corporate Guarantee For example, if there is a limit of $1,000,000 to be paid to the lender by the guarantor if the debtor goes bankrupt despite that $5,000,000 was borrowed initially. For an unlimited corporate guarantee, the guarantor is not limited by a particular amount of money to be repaid.
Types of Guarantee- There are two sorts of guarantee contracts: specific guarantee and ongoing guarantee.
An agreement by a third party to be responsible for the performance of a contracting party. There are three major types of contract guarantee: tender bonds, performance guarantees, and repayment guarantees.

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