The Informal System of Schooling Includes Implicit Norms of Behavior

question 74

True/False

The informal system of schooling includes implicit norms of behavior.

---

Definitions:

Holder in Due Course

A party that has acquired a negotiable instrument in good faith and without notice of any defect in title.

Maker

The individual or entity that creates or produces an item or is the original writer of a check or promissory note.

Without Recourse

A term indicating that the holder of a financial instrument cannot demand payment from the issuer in the case of default.

Banking Day

A business day during which financial institutions are open for business with the public.