Examlex
Daniel is looking for a good solution to store the log files from servers in his organization. He knows that the log files will never change. Which of the following describes the type of data he is looking to store and manage?
Negotiable Instruments
Negotiable instruments are written orders or unconditional promises to pay a fixed amount of money on demand or at a set time to the bearer or to the order of a specified person.
Consideration
Something of value that is exchanged between parties within a contract, giving it legal validity.
Offer And Acceptance
Fundamental concepts in contract law which determine when an agreement exists between two parties. An offer is a proposal while acceptance is the agreement to that proposal.
Negotiability
The quality of a financial instrument that allows it to be transferred or assigned from one party to another with ease.
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