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The Two Major Forms of Technology Are Process Technology and ________

question 148

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The two major forms of technology are process technology and ________.


Definitions:

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, including sales, negotiable instruments, and secured transactions.

Collecting Bank

A bank that handles the presentation of payment documents, such as checks, for a depositor.

Endorser

A person who signs a negotiable instrument on the back to transfer ownership or to guarantee payment to someone else.

Secondarily Liable

Refers to the obligation to pay a debt or fulfill an obligation only if the primary party responsible fails to do so.

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