Most multi-employer bargaining is in relatively small bargaining units in local-product markets

If a promissory note is not presented for payment on the due date, it is discharged

Indicate whether the statement is true or false

If a negotiable order instrument is transferred to another party without an indorsement, it is termed as a(n) ________

a. assignment b. indorsement for ratification c. negotiation d. fraudulent indorsement