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____ Are Stored Collections of Classes That Serve Related Purposes

question 11

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____ are stored collections of classes that serve related purposes


Definitions:

Unqualified Indorsement

An endorsement on a financial instrument, like a check, that doesn't limit payment to any particular individual or entity.

Indorser

A person who transfers an instrument by signing (indorsing) it and delivering it to another person.

Guaranteeing Payment

The act of promising to fulfill the payment obligations of another party if they fail to pay as agreed.

Holder

An individual or entity that legally possesses a financial instrument, such as a check, bond, or stock certificate.

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