Horizontal Communication Refers to the Flow of Information

question 113

Multiple Choice

Horizontal communication refers to the flow of information

• A) From supervisors to subordinates.
• B) Among people on the same hierarchical level.
• C) Between customers of the organization.
• D) In an informal manner between lower-level employees.
• E) Between employees and customers.

Grasp the nuances of endorser liability and the order of liability among endorsers and makers of promissory notes.

Comprehend the legal implications of unauthorized signatures and their ratification.

Recognize the conditions under which alterations to promissory notes affect liability.

Understand the roles and liabilities of agents and principals concerning negotiable instruments.