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Despite the fact that unions have traditionally allied themselves with the Democratic Party nationally and with the liberal wing of that party within the state,the relative weakness of liberals in Texas has meant that labor unions are even less powerful than their membership would suggest.
Bearer Paper
A negotiable instrument or document of title that confers entitlement to the holder or bearer, with no named payee.
Endorsement
The act of signing one's name on the back of a check or other negotiable instrument, or a public declaration of support for a person, product, or service.
Delivery
The act of transferring an item from the seller to the buyer, where the legal ownership is passed.
Transferability
The ability of a financial instrument, asset, or property right to be transferred from one party to another.
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