Body Soap,a Box of Rice,and Olive Oil Are Examples of What

question 94

Multiple Choice

Body soap,a box of rice,and olive oil are examples of what?

• A)pure goods
• B)consumer products
• C)convenience products
• D)actual products

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Definitions:

Holder In Due Course

A legal term referring to a person who has received a negotiable instrument in good faith and for value, and thus has certain protections against defenses and prior claims to the instrument.

Endorser

A person who signs a document (usually on its back) transferring their rights to another person.

Negotiable Instruments

Financial documents that guarantee the payment of a specific amount of money, either on-demand or at a set time, with the payer's name written on it.

Federal Parliament

The supreme legislative body in a federal system, usually consisting of two houses, that makes and passes laws.