A Carrier Is Anyone Who Possesses a Document of Title

question 24

True/False

A carrier is anyone who possesses a document of title that is drawn to his order, indorsed to him, or made out "to bearer."

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Definitions:

Organic Structure

An organizational structure characterized by flexibility, decentralization of authority, minimal formal procedures, and encouragement of horizontal communication.

Organizational Structure

The framework that outlines how activities such as task allocation, coordination, and supervision are directed towards the achievement of organizational aims.

Decision Makers

Individuals or groups responsible for making choices that determine the course of actions to be taken.

Environments

The various physical and social settings in which individuals, organizations, and systems operate.