The Principal Advantage of Negotiable Instruments Is the Safety

question 6

True/False

The principal advantage of negotiable instruments is the safety.

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Definitions:

Open Ocean

The vast, deep waters of the world ocean, lying beyond the continental shelves and characterized by a wide variety of marine species and ecosystems.

Nonrenewable Natural Resources

Natural resources such as coal, oil, and natural gas that cannot be replenished within a human lifespan once consumed.

Fixed Supply

A scenario where the quantity of a good or resource available does not change in response to changes in price.

Property Rights

The entitlement to control, benefit from, and transfer ownership of resources including land, tangible goods, and creations of intellect.