A Software Company Innovates Constantly to Keep Up with New

question 3

Multiple Choice

A software company innovates constantly to keep up with new rivals that are constantly appearing on the scene.The software industry itself has an enormous number of players to deal with that includes retailers, online distributors, educational institutions, and government agencies.Where does the company belong on the uncertainty matrix?

• A)cell 1
• B)cell 2
• C)cell 3
• D)cell 4

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Definitions:

Order Paper

A financial instrument payable to a specific person or entity, thus requiring endorsement for transfer.

Indorsed in Blank

A signature on a financial instrument, such as a check or bill of exchange, without naming a beneficiary, allowing any holder to claim the document's value.

Bearer Paper

A negotiable instrument or securities that are payable to the holder or the person possessing the document.

Holder in Due Course

A party who has acquired a negotiable instrument in good faith and for value, and thus has certain rights to collect the instrument free of many defenses.