Examlex
Which of the following is a prevention cost?
Negotiable Instrument
A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee's name mentioned.
UCC
Uniform Commercial Code; a set of laws that govern commercial transactions in the United States.
Transfer Warranty
Guarantees made by the seller about the quality and title of goods being sold, ensuring they are free from any claims and encumbrances.
Remotely Created Checks
Checks that are created by the payee using the payer’s bank account information, without the payer’s direct signature, often used for telephone or online transactions.
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