A Statement in an Instrument That Payment Can Be Made

question 11

True/False

A statement in an instrument that payment can be made only out of a particular fund or source renders it nonnegotiable.

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Definitions:

Value Chain Analysis

Value Chain Analysis is a process of examining the development of competitive advantage, focusing on the chain of activities involved in designing, producing, marketing, delivering, and supporting a product or service.

Effective

Achieving the desired outcome or result with optimal use of resources and time.

Manageable

Capable of being controlled, handled, or dealt with effectively.

Value Chain

A model that describes the full range of activities needed to create a product or service, from initial conception to final use and beyond.