Examlex

Solved

Match Each Definition with the Correct Word Part.​

question 60

Multiple Choice

Match each definition with the correct word part.​
-caus/o


Definitions:

Negotiability

The characteristic of an instrument (like a check or promissory note) that allows it to be transferred from one person to another in a manner that conveys the instrument's benefits to the transferee.

Issuance

The process of officially issuing something, such as a document like a permit or license, or securities like bonds or stocks.

Indorsements

Signatures or stamps placed on a negotiable instrument, such as a check or promissory note, that specify the terms of its transfer or conditions of use.

Payable on Demand

A financial obligation that must be paid whenever the creditor requests it.

Related Questions