Examlex

Solved

You Keep Hearing a Colleague of Yours Use a Term

question 99

Multiple Choice

You keep hearing a colleague of yours use a term and you are unfamiliar with it. Ultimately, however, you realize that it is a synonym for the term port. What is it?


Definitions:

Negotiated

Discussed or bargained to reach a specific agreement or settlement, often involving adjustments to original terms.

Collecting Agent

An entity or individual appointed to gather or receive payments or debts on behalf of another party.

Indorsement

The act of signing one's name on the back of a check or other negotiable instrument to legally transfer its ownership or to approve its terms.

Order Of

Typically refers to a directive issued by a court or a sequence or arrangement of items, actions, or priorities.

Related Questions