When Using the _____ Approach, One Party Gains at the Other

question 80

Multiple Choice

When using the _____ approach, one party gains at the other party's expense.

• A) Avoidance
• B) Accommodation
• C) Forcing
• D) Compromise
• E) Collaboration

---

Definitions:

Ordinary Holder

A typical investor or shareholder who possesses a security or financial instrument without any special rights or privileges.

Transferor

An entity or person who transfers or conveys rights, property, or other assets to another party, the transferee.

Rights

Entitlements or freedoms granted by legal, social, or moral principles that are inherent to all human beings.

HDC (Holder in Due Course)

A holder in due course is a party who has acquired a negotiable instrument in good faith and for value, and thus has certain rights above the original issuer or transferee.