Examlex
A cleaning service that provides a description of its services via its website is most likely accomplishing which of the following promotion objectives?
Without Recourse
A phrase indicating that the holder of a financial instrument cannot demand payment from the originator if the instrument fails to pay.
Indorser
A person or entity that signs the back of a negotiable instrument, thereby transferring ownership or guaranteeing payment to another party.
Negotiable
A term that describes the transferable nature of certain documents or instruments, such as checks, which can be legally and freely passed from one party to another.
Holder in Due Course
A party that has acquired a negotiable instrument in good faith, for value, and without notice of any defect, and thus is protected from certain defenses and claims.
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