Examlex
ARP tables might contain two different types of entries. What are they, and how are they created?
Actual Knowledge
Direct awareness or understanding of a fact, without needing to infer from other facts.
Holder In Due Course
A legal term for someone who has acquired a negotiable instrument, like a check, in good faith and is entitled to payment.
Unauthorized Signature
A signature placed on a document by someone not explicitly authorized to do so by the person whose signature is forged.
Negotiable Instruments
Financial documents that guarantee the payment of a specified amount of money, either on demand or at a set time, with the payer named on the document.
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