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Structural equations modeling (SEM)allows a researcher to build and test a theory by assessing its fit with reality.
Contract
A legally-binding agreement between two or more parties that outlines obligations and rights of the parties.
Holder in Due Course
A party possessing a negotiable instrument (like a check) in good faith and for value, with certain protections against claims and defenses.
Payable to Cash
A term indicating that a check or other document is made out to "Cash" instead of a specific payee, allowing anyone who holds it to cash it.
Voluntary Transfer
The intentional conveyance of property or rights from one party to another without coercion or force.
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