Examlex
Define the term POSSLQ. What groups are included in this definition?
Relative Permanence
The quality of a negotiable instrument that ensures its longevity.
Signature
A person's handwritten mark or its digital equivalent used to signify agreement, consent, or identification.
Movability
The quality of a negotiable instrument that ensures it is mobile and available.
Negotiable Instruments
Negotiable instruments are written orders or unconditional promises to pay a fixed amount of money on demand or at a set time to the bearer or to the order of a specified person.
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