• The Undersigned

* Sorry, I misloaded the following to the wrong category. Please remove or disregard the following.





Hi!

I read the following form in a TOEIC book:



“RETAIL INSTALLMENT CONTRACT AND SECURITY AGREEMENT



The Undersigned (herein called Purchaser) purchases from Stein Brothers, Inc. (Seller) and grants to Dot Parker a security interest in, subject to the terms and conditions hereof, the following described property.



QUANTITY:1 / DESCRIPTION - AMOUNT: Clothes Dryer – $325.00, Trade-In Allowance - $0, Subtotal - $325.00, Sales Tax – 16.25, TOTAL - $341.25



INSURANCE AGREEMENT



The purchase of insurance coverage is voluntary and not required for credit. $_______ is available at a cost of $_______ for the term of credit.

I desire insurance coverage.

Signed: ______ Date: ______

I do not desire insurance coverage.

Signed: Dot Parker Date: June 18, 20--” ((Longman Preparation Series for the New TOEIC Test, Advanced Course, 4th Edition, by Lin Lougheed, p. 184))



What I want to know is:



Q1. Who does “The undersigned” in the first sentence of the first paragraph refer to?

Q2. Who is the subject of the verb “grants” in the first sentence of the first paragraph?



Would you please help me?

Thanks in advance.