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In a groupthink situation, people tend to go along with the group's thinking in order to maintain a unanimous position. This is quite similar to the concept of
Promissory Notes
Written promises to pay a specified sum of money to a named party, under specified conditions.
Uniform Commercial Code
A complete collection of regulations that oversee every commercial activity within the United States.
Postdating Checks
Writing a check with a date in the future, which means the check cannot legally be cashed or deposited until that date.
Negotiable Instrument
A voucher guaranteeing that a specified sum of money will be paid, either when demanded or at a certain time, with the payer’s identity specified on the voucher.
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