If an Instrument Arises Out of an Illegal Transaction,it Is

question 69

True/False

If an instrument arises out of an illegal transaction,it is unenforceable.

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Definitions:

HRM Practices

Human Resource Management practices involve various activities related to the management of an organization's workforce, such as recruitment, training, and compensation.

Employee Files

Organized collections of records pertaining to employees, including personal information, employment history, and performance evaluations.

Administrative Costs

Expenses related to the general operations of a business, including items like salaries of non-sales personnel, rent, utilities, and office supplies.

Employee Leasing

A staffing strategy where companies contract with a third-party to hire and manage their workforce, often to reduce administrative responsibilities.