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As the employees began to leave the meeting room, some were overheard grumbling that those at the top were just profiteers, that it didn't make any difference to Leona if employees lost their jobs. Which barrier to effective communications do these statements represent?
Holder in Due Course
A legal term describing a person who has acquired a negotiable instrument in good faith and has the right to collect on it, free from many defenses.
Due Diligence
The investigation or exercise of care that a reasonable business or person is expected to take before entering into an agreement or a financial transaction with another party.
Negotiable Instrument
A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.
Confession of Judgment
A legal agreement in which a debtor permits a creditor to obtain a judgment against them without a trial.
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