Expressions of the Most Efficient Performance Possible Under the Best

question 143

Short Answer

Expressions of the most efficient performance possible under the best conceivable conditions

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Definitions:

HDC

Holder in Due Course, a term in commercial law referring to a party that has acquired a negotiable instrument in good faith and for value, affording them certain protections.

Bearer Instrument

A financial document that entitles the holder to receive the assets or value stated on the document, with no need to prove ownership.

Stole

The past tense of steal, referring to the act of taking something without permission with the intent to permanently keep it.

Good Faith

Acting with honesty and sincerity without any intent to defraud or seek an unfair advantage.