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The Term That Describes Destruction by Removing, Usually by Cutting

question 66

Multiple Choice

The term that describes destruction by removing, usually by cutting, is:


Definitions:

Holder

An individual or entity that possesses or controls a negotiable instrument, security, or other similar documents, legally recognized as entitled to the benefits of ownership.

Automated Signature

A computer-generated signature used to authenticate documents or transactions electronically.

Signature Requirement

A legal stipulation that certain documents must be signed to be recognized as valid or to enter into effect.

Order Paper

A negotiable instrument that is payable to a specific individual or entity, as named or identified in the document.

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