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Serviceability Is How Quickly a Third-Party or Vendor Can Change

question 87

True/False

Serviceability is how quickly a third-party or vendor can change a system to ensure it meets user needs and the terms of any contracts including agreed levels of reliability, maintainability or availability.

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Definitions:

Accommodation Party

A person who signs a negotiable instrument on behalf of another, typically to lend their credit without direct benefit.

Negotiable Instrument

A financial document that guarantees payment of a specified amount of money, either on-demand or at a set time, and is transferable from one person to another.

Holder In Due Course

A legal term describing a party who has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defects.

Negotiates

The act of discussing something formally to reach an agreement or compromise on terms.

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