How Would You Describe a "Game of Chicken" to a Client

question 5

Essay

How would you describe a "game of chicken" to a client who seems to be engaging in this type of game?

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Definitions:

Payable

The amounts of money that a company owes to vendors or creditors for goods or services received that have not yet been paid.

Bearer

The individual in possession of an instrument, such as a check or promissory note, that is not made out to a specific payee.

Conditional Endorsement

An endorsement on a document or instrument subject to specific conditions or restrictions.

Payment

The act of satisfying a debt or obligation, usually by transferring funds to settle the amount owed.