South Korea,Taiwan and Israel Are Examples of Peripheral Countries

question 45

True/False

South Korea,Taiwan and Israel are examples of peripheral countries.

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Definitions:

Drawer

Drawer is the party in a bill of exchange, such as a check, who is making the payment, directing the drawee (usually a bank) to pay a specified sum to the payee.

Indorser

A person who signs a negotiable instrument, such as a check or promissory note, on the back, indicating their consent to transfer the document’s ownership or to guarantee its payment.

Negotiable Instrument

A written and signed document promising a specified amount of money to a specified person or bearer on demand or at a future date.

Altered

Changed in character, form, or function; often referring to modifications that affect the integrity or original condition of an item or document.