Examlex
What creates the basis for a simpler compensation system that de-emphasizes structure and places greater importance on flexible decision making?
Bearer
Refers to an individual or entity in possession of a negotiable instrument, such as a check or bond, that is payable to whoever holds it.
Payable
Due for payment; a financial obligation that one party has to pay to another.
Issued
The act of officially distributing or making something available, often used in contexts like the issuance of currency, stocks, or legal documents.
Checks
Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or named party.
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