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Norms Begin to Develop in the First Interactions Among Members

question 42

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Norms begin to develop in the first interactions among members of a new team.


Definitions:

HDC Status

Holder in Due Course Status, which is a legal term that provides certain protections to the holder of a negotiable instrument from claims and defenses that could be raised by prior parties.

Marketability

The ability of a product or service to be sold or accepted in a market.

Free Transferability

The ability to freely transfer ownership of an asset or securities from one party to another without restrictions.

Reasonable Time

A period of time that is legally accepted as sufficient or suitable under the circumstances.

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