Examlex
While baking a cake, you say the steps out loud as you are carrying them out. This is an example of ______.
Negotiable Instrument
A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time.
Order Paper
A negotiable instrument that is payable to a specific person or their order, allowing the transfer of ownership through endorsement.
Special Indorsement
An endorsement on a negotiable instrument that specifies the person to whom, or to whose order, the instrument can be paid.
Blank Indorsement
A type of endorsement on a negotiable instrument where the endorser does not specify an endorsee, making it payable to the bearer.
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