Identify the Main Reasons Why Companies Change Existing Systems

question 112

Essay

Identify the main reasons why companies change existing systems?

---

Definitions:

Bad Checks

Checks that cannot be processed because the account on which they were drawn lacks sufficient funds, leading to legal and financial consequences for the issuer.

Oral Negotiable Instrument

A verbal agreement that is intended to have the same enforceability as a written negotiable instrument, though legally this is often not recognized.

Special Conditions

Specific provisions or clauses added to a contract or agreement that must be met in addition to the general terms.

Article 3

A section of the U.S. Constitution that establishes the judicial branch of the federal government, outlining the powers and structure of the Supreme Court and other federal courts.