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The question below refers to the following observed data:
Calculate the expected frequencies for each cell.
Forge
To create a fake version of something, such as a document or signature, with the intent to deceive.
HDCs
Stands for Holders in Due Course, referring to parties holding a negotiable instrument free from certain defenses and claims.
Drawer
In banking, the person who writes or creates a check. In the context of furniture, it is a sliding storage compartment.
Universal Defense
A defense that is valid against all holders of a negotiable instrument, including holders in due course (HDCs) and holders with the rights of HDCs. Universal defenses are also called real defenses.
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