Examlex

Solved

This Chapter Discusses How Each Organization Has Its Own Culture

question 32

Essay

This chapter discusses how each organization has its own culture and sets of values shared by most of its members.What kind of shared values might you find at a law firm?


Definitions:

Qualified Endorsement

A clause on a negotiable instrument which limits the liability of the endorser or specifies a particular payee.

Without Recourse

A financial agreement where the seller is not liable to the purchaser for any failure of the assets or obligations sold.

Materially Altered

A change in a document or agreement that significantly affects its terms or conditions.

Holder In Due Course

A legal term for a person who has acquired a negotiable instrument in good faith and for value, and thus is protected against certain defenses and claims that could be raised against the original payee.

Related Questions