A(n)________ Makes Negotiable Instruments Transferable to a Third Party

question 15

Multiple Choice

A(n) ________ makes negotiable instruments transferable to a third party.

• A) insurance
• B) indorsement
• C) accommodation
• D) trade acceptance

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Definitions:

Core Ties

The strong, essential relationships within a person's social network, often characterized by significant emotional closeness and support.

Organizational Authority

The power vested in a role or roles within an organization to make decisions, direct tasks, and enforce rules.

Legitimate

Something that is legal, rightful, and in accordance with recognized or accepted standards or principles.

Coercive

Exerting or utilizing force, authority, or pressure in order to achieve compliance or control.