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Which of the Following Is a Defining Characteristic of Strategic

question 86

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Which of the following is a defining characteristic of strategic leaders?


Definitions:

Ratification

The formal approval of an agreement, treaty, or act, making it officially valid.

Promissory Note

A written promise to pay a specified amount of money to a person or entity under agreed conditions.

Holder in Due Course

A legal term referring to a person who has received a negotiable instrument in good faith and for value, thereby having certain protections against defects in the instrument's title.

Shelter Rule

A legal principle in commercial law that allows a person who acquires goods in good faith to obtain certain rights even if the transferor of those goods did not have authority to sell.

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