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The superego operates according to the ________ principle.
Revised Article 3
Amendments made to Article 3 of the Uniform Commercial Code, which governs negotiable instruments like checks and drafts, to modernize and clarify its provisions.
Claims
Formal requests or demands for payment or compensation for losses or damages covered under an insurance policy.
Without Recourse
A term indicating that the seller of a financial instrument or property transfers all risk of non-payment or defect to the buyer, absolving the seller of liability.
Specially Endorses
When a negotiable instrument, such as a check, is endorsed by specifying the person to whom it should be paid, creating restrictions on its further negotiation.
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