Examlex
Directions: Use your knowledge of reading, writing, the conventions of grammar to answer the following questions. Which of the following transitions can be used to clarify an idea?
Simple Consideration
The minimal requirement of value that must be exchanged between parties entering into a contract, for the contract to be considered valid.
Indorsement
The act of signing the back of a negotiable financial instrument, thereby making it payable to someone other than the named holder.
Signature
A person's name written in a distinctive way as a form of identification in authorizing a document.
Check
A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or a designated entity from the drawer's account.
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