Examlex
You are trying to remember definitions of very similar words and you are confusing them with each other. The definitions are not being encoded properly because of _________.
Pay
The compensation or wage given to an employee in exchange for their work or service.
Instrument
A document formalizing a legal or financial agreement, such as a bond, share, or promissory note.
Holder in Due Course
A party who has acquired a negotiable instrument in good faith and for consideration, and thus is protected against certain defenses if payment on the instrument is refused.
Negotiable Note
A financial instrument containing a promise to pay a specific amount of money, either on demand or at a set time, to the holder or assignee.
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