Examlex
Which of the following would not be an advantage of decentralization?
Promise To Pay
A written agreement in which one party pledges to pay a specified sum to another party under defined conditions.
UCC
The United States' commercial transactions are all managed under the extensive laws encompassed by the Uniform Commercial Code.
Corporate Account
A type of financial account specifically designed for businesses, enabling them to manage expenses, assets, and transactions under the corporate name.
Negotiable Instrument
A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee being able to transfer it to another party.
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