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Probably the biggest downside is that social identities encourage in-group favouritism.
HDC (Holder in Due Course)
A party that has acquired a negotiable instrument in good faith and for value, therefore enjoying certain legal protections.
Unauthorized
Actions or access that have not been approved or sanctioned by the rightful authority.
Negotiates
The process of discussing and reaching a mutual agreement between parties, often involving the terms and conditions of a contract.
Delivery
The act of transporting goods from one location to another.
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