Examlex

Solved

All ____________________,Regardless of Whether They Are Large or Small,profit-Seeking or Not-For-Profit,domestic

question 196

Short Answer

All ____________________,regardless of whether they are large or small,profit-seeking or not-for-profit,domestic or multinational,use some combination of human,financial,physical,and information resources to achieve their goals.


Definitions:

Nation Bank

Likely a typographical error, but if referring to "National Bank," then it's a commercial bank chartered by the federal government in the United States.

Good Faith Purchaser

A Good Faith Purchaser is someone who buys property without knowledge of any prior claims, disputes, or flaws related to the property, thereby obtaining legal ownership.

Holder In Due Course

A legal term referring to a person who has acquired a negotiable instrument in good faith and for value, and thus has certain rights above the original payee.

Acceptor

The person (the drawee) who accepts a draft and who agrees to be primarily responsible for its payment.

Related Questions