Examlex
Abby McDonald took five three-credit courses at Glenn Community College. She received a C in Accounting and 4 B's (Management, Logic, Algebra, and Business Law). What is her grade point average? (Assume A = 4.0, B = 3.0, C = 2.0.)
Overdue
When an instrument is not paid when due or at maturity.
Reasonable Period
An amount of time regarded as fairly appropriate under the circumstances, considering what a rational person would deem sufficient.
Check
A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or to the order of a specific person or to the bearer.
Trade Practice
Trade practice involves the customary ways in which trade is conducted within a particular industry, including standards of conduct, competition, and fair dealing.
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