Examlex
Value analysis examines quality, design, and materials as well as current and potential vendors.
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.
Demand Instrument
A financial document that requires payment to the holder on demand or at a pre-defined time.
Secondary Party
An individual or entity indirectly involved in a legal agreement or crime, not the principal actor or participant.
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