Examlex

Solved

Principal Difference Between the Two Major Types of Websites Is

question 23

Multiple Choice

principal difference between the two major types of websites is that promotional websites are designed to __________ while transactional websites are designed to __________.


Definitions:

Indorser

A person who signs a negotiable instrument on the back to endorse it to another entity, transferring ownership.

Conditional Indorsement

An indorsement that makes the rights of the indorsee subject to the happening of a certain event or condition.

Indorsement

A signature or instruction written on the back of a negotiable instrument, such as a check, which specifies the terms of transfer.

Forged Check

A check that has been illegally modified or fabricated entirety by someone other than the account holder, intended to deceive and facilitate unauthorized transactions.

Related Questions