What is an endorsement? What are the different types of endorsements?
What will be an ideal response?
The act of a payee, drawee, accommodation party, or holder of a negotiable instrument in signing the back of the instrument, with or without qualifying words, to transfer rights in the instrument to another is known as endorsement. An endorsement is required to negotiate a bill or note that is in the form of order paper, and it may optionally be added to bearer paper. Endorsements are signatures, with or without additional statements that are commonly written on the back of the instrument. There are four basic kinds: (1) special endorsements, (2) blank endorsements, (3) qualified endorsements, and (4) restrictive endorsements.
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The sales division has been having difficulty working with the accounting staff. The accounting staff views the sales staff as arrogant and bossy. The sales staff views the accounting staff as stingy and unfriendly
The BEST technique for the organization to use in order to help the work interactions of these two groups is ________. A) organizational mirroring B) process consultation C) avoidance between functions D) organization confrontation
World-class levels of process capability are measured by ________ defect levels
A) parts per million B) parts per hundred thousand C) parts per ten thousand D) parts per thousand E) parts per hundred