An Organisation's Intranet System Is an Internal Network That Can

question 30

True/False

An organisation's intranet system is an internal network that can be accessed by anyone; people outside the organisation as well as people who are members of the organisation:

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Definitions:

Drawer

The person who writes or drafts a negotiable instrument, such as a check, directing the bank to pay the specified amount to the party named in the document.

Acceptor

A person (drawee) who accepts and signs a draft to agree to pay the draft when it is presented.

Negotiable Instruments Liability

Legal accountability related to documents that promise payment to the bearer or named party, such as checks or promissory notes.

Primarily Liable

Refers to the main party responsible or legally obligated to fulfill a duty or pay a debt.