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Matrix-structured organizations often experience decisional conflict because each manager reports to two bosses.
Restrictive Indorsement
An indorsement in which words have been added to the signature of the indorser that specify the purpose of the indorsement or the use to be made of the commercial paper, such as “for deposit only.”
Dishonored
Refers to a failure in fulfilling an obligation, such as a check not being paid because of insufficient funds.
Draft
A preliminary version of a document or plan, subject to revisions and improvements.
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