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Determining Whether a Possible Incident Is an Actual Incident Is

question 82

Multiple Choice

Determining whether a possible incident is an actual incident is the responsibility of the ____ team.


Definitions:

Indorser

A person who signs a negotiable instrument, such as a check or promissory note, on the back, indicating their consent to transfer the document’s ownership or to guarantee its payment.

Negotiable Instrument

A written and signed document promising a specified amount of money to a specified person or bearer on demand or at a future date.

Altered

Changed in character, form, or function; often referring to modifications that affect the integrity or original condition of an item or document.

Transferor

A transferor is a party who transfers rights, titles, or interests in a property or contract to another party, known as the transferee.

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