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Which Statement Is Most Correct

question 9

Multiple Choice

Which statement is most correct?


Definitions:

Negotiates

The process of discussing something formally in order to reach an agreement, usually in the context of contracts, salaries, or prices.

Parol Evidence

A legal rule that prevents parties to a written contract from presenting extrinsic evidence of terms of the agreement that contradict, modify, or vary the written terms.

Code

A set of rules or principles designed to regulate conduct or provide guidelines for behavior.

Indorsement

A signature, usually on the back of a check or other negotiable instrument, that transfers the rights of the document to another party or specifies conditions for its use.

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