Examlex
Which of the following is an example of a fixed cost?
Payee
The party in a financial transaction who receives the payment.
Negotiating
Negotiating involves discussing terms and conditions with the goal of reaching an agreement or compromise on matters of business, trade, or interpersonal issues.
Dishonored
A term referring to a financial instrument, such as a check, that has been refused payment by the bank upon presentation.
Indorse
To sign the back of a financial instrument, thus transferring ownership or to endorse it.
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