A promissory note, bill of exchange, or check payable to order or to bearer are all considered "negotiable instruments."
<h3>What is a negotiable instrument?</h3>
A negotiable instrument is a piece of paper that guarantees the payment of a certain sum of money, either immediately upon demand or at a predetermined period, and whose payer is typically identified. The ability to transact business and be guaranteed that you will be paid for services or goods without actually moving any cash makes negotiating instruments essential to our economy. For instance, a company can mail a check for payment as an alternative to sending a sizable sum of cash. In an effort to make credit instruments transferable, documentation indicating that someone was in debt were used to create the negotiable instrument, which is simply a document enshrining a claim to payment of money and which may be transferred from one person to another.
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<span>The first question that leaders ask themselves is usually: What needs to be done
The most common thing that every effective leaders tend to have is that all of them are very goal oriented.
Every steps that they take is an effort that they made so they're one step closer to the goals that they wanted to achieve </span>
Motion of heat inside and object
Answer:
Federalism refers to the system of government in which power is divided between a central authority and constituent political units. In federalism a nation has a dual government system i.e. federal government at central level and at state level. The federal government has the power to enlarge diplomatic territorial integrity, run a national project, make national monetary policy and so on. The state government has the power to make federal laws, maintain law and order in the state
Nepal is a country with geographical diversity. Nepal has been practicing unitary form of government since unification by, Prithvi Narayan Shah. However, this system was not able to achieve the development goals of the country and has been an "exclusive form of rule." Federalism is seen as an in inclusive practice for Nepal. So, with the view of proportional development in all the parts of the country by appropriate distribution and mobilization of resources and reducing the economic, social and religious discrimination, the country has transformed into a federal structure.
Nepal has become a federal democratic republican state since 15th Jestha, 2065 BS. According to the concept of a federal system, Nepal has been divided into 7 provinces, 77 districts and 753 local levels. Now each province has a separate government along with its federal government at the centre.
Explanation:
Not mine....but hope it helps!
