Examlex
The result when each stage in the supply chain makes its own separate forecast is often a match between supply and demand because these forecasts are often very different.
Holder in Due Course
A party that has acquired a negotiable instrument in good faith and for consideration, thereby obtaining certain rights free of many defenses available to the original parties.
Checks
Checks are written, dated, and signed instruments that direct a bank to pay a specific amount of money from the writer's account to the person or entity in whose name the check has been issued.
Deposits
Funds placed into an account at a financial institution for safekeeping, which can be used for transactions or as savings.
Commission
A commission is a fee paid to an agent or employee for completing a transaction or service, usually calculated as a percentage of the sale or transaction value.
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