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A __________ Is a Set of Interrelated and Interdependent Parts

question 26

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A __________ is a set of interrelated and interdependent parts arranged in a manner that produces a unified whole.


Definitions:

Instruments

Legal or formal documents such as contracts, wills, or deeds that establish rights, duties, or agreements.

Time Instrument

A type of draft that allows the payee to collect payment only at a specific time in the future.

Overdue

The state of being delayed beyond the expected or usual time.

Consideration

Something of value exchanged between parties in a contract that binds them to the agreement, can be in the form of money, services, or goods.

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