Examlex
Which of the following statements is true of formal communication channels?
Assignor
An assignor is a party that transfers rights or interests in a contract or property to another party, known as the assignee.
Negotiable Instruments
A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, which can be transferred to another party.
Electronic Transfers
The movement of funds between bank accounts through digital means, often executed via online banking platforms or electronic payment systems.
Negotiability
The characteristic of a financial instrument that allows it to be transferred from one party to another in a form of exchange.
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