Examlex
Which of the following is not a negotiable instrument?
Bankruptcy
A legal proceeding involving a person or business that is unable to repay outstanding debts, leading to asset liquidation or reorganization.
Accounting Fees
are the costs incurred by businesses or individuals for the services provided by accountants or accounting firms, which may include audits, financial analysis, and tax preparation.
Indirect Cost
Expenses not directly tied to the production of goods or services but necessary for the operation, such as utilities or administrative salaries.
Bankruptcy
A legal proceeding involving a person or business that is unable to repay outstanding debts.
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