The Difference Between Seven Times the First Number and Three

question 11

Essay

The difference between seven times the first number and three times the second number is 12. The sum of three-fourths of the first number and two-thirds of the second number is 21. Find the two numbers.

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Definitions:

Revised Article 3

Amendments made to Article 3 of the Uniform Commercial Code, which governs negotiable instruments like checks and drafts, to modernize and clarify its provisions.

Claims

Formal requests or demands for payment or compensation for losses or damages covered under an insurance policy.

Without Recourse

A term indicating that the seller of a financial instrument or property transfers all risk of non-payment or defect to the buyer, absolving the seller of liability.

Specially Endorses

When a negotiable instrument, such as a check, is endorsed by specifying the person to whom it should be paid, creating restrictions on its further negotiation.