Negotiable instruments are payable to whoever possesses them and are known as <u>bearer</u> instruments.
A bearer instrument is a kind of fixed-profit security in which no ownership data is recorded and the safety is issued in bodily form to the client. The holder of a bearer tool is presumed to be the owner, and whoever is in possession of the physical bond is entitled to the coupon payments.
A non-cash form of money together with a cheque, invoice of exchange, promissory note, visitor's cheque, bearer bond, cash order, or postal order. Bearer Negotiable Instruments regularly include the training 'pay to the bearer'. The bearer is the man or woman in physical possession of the Bearer Negotiable Instrument.
A negotiable instrument is a signed document that guarantees a sum of charge to a targeted individual or the assignee. In different phrases, it is a formalized kind of IOU: A transferable, signed report that promises to pay the bearer a sum of money at a destiny date or on-demand.
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<span>Burning fuel in factories releases acid pollutants. When they mix with moisture, the pollutants fall to Earth in the form of acid rain.</span>
The most expectable answer is socialization.
This term is used to describe the process in which people learn the values, norms, and beliefs of a particular society/culture.
Therefore, for this indian couple, their early and previously-arranged marriage is nothing unusual because they were taught that's the most common thing for (indian) people to do. And you, well, you were taught differently; probably: that is better to wait until you grow old enough, and are sufficiently independent, to support a household. So, you get a "cultural shock" by hearing about how this couple got married.
Answer:
Financial system promotes capital market. A dynamic capital market is capable of attracting funds both from domestic and abroad. With more capital, investment will expand and this will speed up the economic development of a country
Simply
Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.
Explanation:
divergent plate boundary[dĭ-vûr′jənt]
A tectonic boundary where two plates are moving away from each other and new crust is forming from magma that rises to the Earth's surface between the two plates. The middle of the Red Sea and the mid-ocean ridge (running the length of the Atlantic Ocean) are divergent plate boundaries. Also called passive margin spreading zone See more at tectonic boundary . Compare convergent plate boundary .
