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Discuss the Ideological Basis of the National Industrial Recovery Act

question 44

Essay

Discuss the ideological basis of the National Industrial Recovery Act, how the NIRA attempted to put that ideology into practice, and the effectiveness of the NIRA as the industrial cornerstone of the First New Deal.


Definitions:

Indorsee

A person to whom a draft, note, or other negotiable instrument is transferred by endorsement.

Indorser

A person who signs a negotiable instrument on the back to endorse it to another entity, transferring ownership.

Conditional Indorsement

An indorsement that makes the rights of the indorsee subject to the happening of a certain event or condition.

Indorsement

A signature or instruction written on the back of a negotiable instrument, such as a check, which specifies the terms of transfer.

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