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The clear water of a lake is 1.5 m deep at the end of a dock.You look directly down from the end of the dock and see a rock on the bottom of the lake.How far below the surface does the rock appear to be? (For water,n = 1.33.)
Indorser
A person or entity that signs the back of a negotiable instrument, thereby transferring ownership or guaranteeing payment to another party.
Negotiable
A term that describes the transferable nature of certain documents or instruments, such as checks, which can be legally and freely passed from one party to another.
Holder in Due Course
A party that has acquired a negotiable instrument in good faith, for value, and without notice of any defect, and thus is protected from certain defenses and claims.
Value for the Check
The amount of money represented by a check; the monetary worth or consideration for which a check is issued.
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