Examlex
In the comparison of the acquisition strategies of Chinese versus Indian firms (Chapter 7 Strategic Focus) in the agricultural sector, the Indian firms were more aggressive and likely to take greater risks. In comparison, Chinese firms were more cautious and had very strict payback rules for their acquisitions.
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A signature by the holder on the back of a negotiable instrument, such as a check, without specifying a particular endorsee, thereby making the instrument payable to the bearer.
Qualified Indorsement
An indorsement on a negotiable instrument in which the indorser disclaims any contract liability on the instrument; the notation “without recourse” is commonly used to create a qualified indorsement.
Restrictive
Imposing limitations or conditions on use, action, or movement.
Bearer Instrument
A negotiable financial instrument that is payable to the holder or presenter.
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