Examlex
With reference to the design process,the practice of putting the various individuals or functional areas in close proximity so as to shorten communication lines and increase team cohesion is called _____.
Indorsement
The act of signing one's name on a financial document, such as a check, thereby transferring rights or title to another party.
Collection Indorsement
An endorsement on a negotiable instrument, such as a check or promissory note, that specifies the particular person to whom the payment is to be made.
Fictitious Payee Rule
A principle in commercial law that protects the drawer of a check if the check is made payable to a non-existent or not intended recipient, under certain conditions.
Bookkeeper
A person responsible for recording the financial transactions and maintaining the financial records of a business.
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