Examlex

Solved

_________Involves Terminating the Hierarchical Parent/child Relationship and Establishing a Symmetrical

question 21

Multiple Choice

_________involves terminating the hierarchical parent/child relationship and establishing a symmetrical, peer like relationship in its place.


Definitions:

Indorsement

The act of signing the back of a financial instrument, thereby transferring ownership or validating the document.

Negotiated

Pertains to the process of discussing and reaching an agreement on the terms of a contract, settlement, or understanding between parties.

Nonnegotiable

Nonnegotiable refers to something that cannot be negotiated or altered, such as a fixed term in a contract or a financial instrument with terms that cannot be changed.

Without Recourse

This refers to a provision in an agreement that exempts the seller from liability or obligation to the buyer in case of some failure on the part of the products or services sold.

Related Questions