What Two Important Characteristics of Negotiable Instruments Contribute to Their

question 67

Essay

What two important characteristics of negotiable instruments contribute to their value as a method of transferring funds?

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Definitions:

Predict

To declare or indicate in advance; especially to foretell on the basis of observation, experience, or scientific reason.

Products

The substances that are formed as a result of a chemical reaction.

Major Organic Product

The primary product resulting from an organic reaction, typically the one in greatest yield or of greatest importance.

Mechanism

The detailed step-by-step description of how a chemical reaction occurs at the molecular level.