Examlex
A flawed argument for protection from foreign trade is that
i.tariffs save domestic jobs.
ii.tariffs protect the national culture.
iii.quotas bring about diversity and stability.
FTC Rule
A regulation established by the Federal Trade Commission (FTC) to protect consumers and maintain competition.
Holder In Due Course
A legal term for someone who has acquired a negotiable instrument in good faith and for value, therefore having certain rights to it free of defenses.
Post-Dating
Writing a future date on a document or check, thereby delaying its effectiveness or negotiability until that date.
Negotiability
The feature of a financial instrument that allows it to be transferred or assigned from one party to another with the legal ownership and benefits passing to the transferee.
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