The Transparency International "Corruption Perceptions Index" Showed That the Least

question 142

Multiple Choice

The Transparency International "Corruption Perceptions Index" showed that the least corrupt countries are ________, and the most corrupt countries are ________.

• A) Denmark, Finland, and New Zealand; North Korea, Afghanistan, and Somalia
• B) Iceland, Denmark, and New Zealand; Haiti, Myanmar, and Somalia
• C) Canada, the United States, and New Zealand; Myanmar, Chad, and Russia
• D) Denmark, New Zealand, and Singapore; Myanmar, Afghanistan, and Somalia
• E) Ireland, the United States, and Canada; Zambia, Libya, and Chad

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Definitions:

Holder In Due Course

A legal term for a person who has acquired a negotiable instrument in good faith and for value, and thus is protected against certain defenses and claims that could be raised against the original payee.

Payee

The party in a transaction who receives the payment.

Properly Delivered

Pertains to goods or documents being conveyed to the correct recipient in good condition and within the agreed timeframe.

Bearer Paper

A negotiable instrument that is payable to whoever holds the document; the physical possession of the document is the only requirement for entitlement to payment.