Match Each Definition with the Correct Word Part

question 125

Multiple Choice

Match each definition with the correct word part.
-Bi-

• A)Attraction
• B)Body
• C)Appetite
• D)No, not, without
• E)Man
• F)Closing
• G)Sensitivity, fear
• H)Marketplace
• I)Heights, extremes
• J)To steal, stealing
• K)Two
• L)Pole
• M)Pertaining to
• N)Recurring
• O)Condition of the mind
• P)Child
• Q)Condition of madness
• R)Fire

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Definitions:

Holder in Due Course

A party that has acquired a negotiable instrument in good faith and without notice of any defect in title.

Maker

The individual or entity that creates or produces an item or is the original writer of a check or promissory note.

Without Recourse

A term indicating that the holder of a financial instrument cannot demand payment from the issuer in the case of default.

Banking Day

A business day during which financial institutions are open for business with the public.