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Nora,Ko,Ian,and May Each Think That Ms

question 155

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Nora,Ko,Ian,and May each think that Ms.Akey may be a slightly better teacher than Mr.Schwenke.After discussing why each of them believes this to be so,they all conclude that Ms.Akey is definitely a much better teacher than Mr.Schwenke.This episode provides an example of


Definitions:

Negotiable Instrument

A document in writing that promises to pay a certain sum of money, either upon request or at a predetermined date, with the person responsible for payment identified on the document.

Delivered

Refers to goods, documents, or other items that have been transported and handed over to the person they were intended for.

Conditional Endorsement

An endorsement whereby payment can be made only on the fulfillment of a predecided condition, such as painting one’s house.

Negotiability

The ability of a document or instrument to be legally and freely transferred from one party to another.

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